Sonoco Products (NYSE: SON) director reports new 109.7 phantom stock units
Rhea-AI Filing Summary
Sonoco Products Company director reports phantom stock award
A director of Sonoco Products Company reported acquiring 109.7 phantom stock units on 12/10/2025. Each phantom stock unit is the economic equivalent of one share of Sonoco common stock, with this transaction reported at a reference price of $41.93 per share. After this award, the director beneficially owns a total of 8,792.3 phantom stock units, held as a direct interest.
The filing explains that these phantom stock units were acquired through the quarterly dividend feature of Sonoco’s directors’ deferred compensation plan and will be settled in common stock when the director retires or otherwise leaves board service. This is a routine equity-based compensation event rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 109.7 | $41.93 | $5K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
FAQ
What insider transaction did Sonoco Products Company (SON) report in this Form 4?
What are the phantom stock units reported for Sonoco Products Company (SON)?
How many Sonoco (SON) phantom stock units does the director own after this transaction?
At what price were the Sonoco (SON) phantom stock units referenced in the Form 4?
How and when will the Sonoco (SON) phantom stock units be settled?
Is this Sonoco (SON) Form 4 a market purchase or sale of common stock?
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