Sonoco Products (SON) officer reports 86.3 RSU dividend equivalent awards
Rhea-AI Filing Summary
Sonoco Products Company officer Ernest D. Haynes reported a routine equity compensation-related transaction. On 12/12/2025, he acquired 86.3 dividend equivalents on Restricted Stock Units (RSUs) at a conversion or exercise price of $0.0000, each economically equivalent to one share of Sonoco common stock. These derivative awards relate to underlying 86.3 shares of common stock and reflect quarterly dividend equivalent rights on existing restricted stock that will be settled when he retires or otherwise leaves his role. Following this transaction, Haynes beneficially owned 768.6 derivative securities directly. This filing does not indicate any open-market purchase or sale, but rather the accrual of dividend-linked rights tied to prior equity grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units | 86.3 | $41.93 | $4K |
Footnotes (2)
- F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
FAQ
What insider transaction did SON officer Ernest D. Haynes report?
What are the dividend equivalents on RSUs reported for SON?
Did the SON insider pay anything for the reported derivative securities?
How many derivative securities does the SON officer own after this transaction?
When will the SON dividend equivalent rights on restricted stock be settled?
Does this SON Form 4 reflect a market purchase or sale of common stock?
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