Sonoco director Boyd acquires 747.4 deferred stock units
The director's phantom units are economically equivalent to common shares and are to be settled in common stock six months after retirement.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Sonoco Products Company (SON) director Steven L. Boyd acquired 747.4 Phantom Stock Units on October 1, 2026, at a reported transaction price of $48.50 per share. His reported direct holdings following the transaction were 11,993.2 Phantom Stock Units. Each unit is the economic equivalent of one share of Sonoco common stock. The units accrued under the directors deferred compensation plan and are to be settled in common stock six months after Boyd's retirement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 747.4 | $48.50 | $36K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.
Key Figures
Key Terms
Phantom Stock Units financial
directors deferred compensation plan financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units did Sonoco (SON) director Steven L. Boyd acquire?
When will Steven L. Boyd's Sonoco (SON) phantom stock units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.