[Form 4] SONOCO PRODUCTS CO Insider Trading Activity
Rhea-AI Filing Summary
Sonoco Products Company officer John M. Florence, General Counsel, Secretary and Vice President, reported automatic equity-related credits on 12/12/2025. The Form 4 shows the acquisition of 395.5 dividend equivalents on restricted stock units, each economically equal to one share of Sonoco common stock, bringing his total related derivative holdings to 3,955.4 units. He also acquired 531.9 phantom stock units, each also economically equal to one Sonoco common share, increasing his phantom stock balance to 42,615.9 units. The dividend equivalents and phantom units arise from quarterly dividend accruals and the officers' deferred compensation plan and will be settled upon his retirement or other termination of service.
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FAQ
What did Sonoco Products (SON) report in this Form 4 filing?
The filing reports that officer John M. Florence acquired additional dividend equivalents on restricted stock units and phantom stock units tied to Sonoco Products Company common stock on 12/12/2025.
Who is the reporting person in the Sonoco Products (SON) Form 4 and what is their role?
The reporting person is John M. Florence, who serves as General Counsel, Secretary and Vice President of Sonoco Products Company.
How many dividend equivalents and phantom stock units did the Sonoco officer acquire?
John M. Florence acquired 395.5 dividend equivalents on restricted stock units and 531.9 phantom stock units. After these transactions, he held 3,955.4 derivative securities related to dividend equivalents and 42,615.9 phantom stock units.
What are dividend equivalents on restricted stock units in the Sonoco (SON) Form 4?
The filing explains that each share of dividend equivalents on restricted stock units is the economic equivalent of one share of Sonoco Products Company common stock, reflecting quarterly dividend equivalent rights on restricted stock.
What are phantom stock units in this Sonoco Products (SON) insider transaction?
The document states that each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock, credited under Sonoco's officers' deferred compensation plan.
When will the Sonoco officer’s dividend equivalents and phantom stock units be settled?
The filing notes that the quarterly dividend equivalent rights on restricted stock and the phantom stock units under the officers' deferred compensation plan will be settled upon the reporting person's retirement or other termination of service.
What transaction price is associated with the Sonoco (SON) dividend equivalents and phantom stock units?
The Form 4 shows a reference price of $41.93 in connection with the underlying Sonoco Products Company common stock for both the dividend equivalents and phantom stock units.