STOCK TITAN

Sonoco Products (NYSE: SON) director reports new 109.7 phantom stock units

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Boyd Steven L

(Last) (First) (Middle)
ONE NORTH SECOND ST
P O BOX 160

(Street)
HARTSVILLE SC 29551-0160

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (1) 12/10/2025 A 109.7 (2) (2) Common Stock 109.7 $41.93 8,792.3 D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. 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.
By:Elizabeth R Kremer - Power of Attorney for Steven L Boyd 12/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Sonoco Products Company (SON) report in this Form 4?

A director of Sonoco Products Company reported acquiring 109.7 phantom stock units on 12/10/2025 under the company’s deferred compensation plan.

What are the phantom stock units reported for Sonoco Products Company (SON)?

Each phantom stock unit is described as the economic equivalent of one share of Sonoco Products Company common stock, tied to the value of the underlying shares.

How many Sonoco (SON) phantom stock units does the director own after this transaction?

Following the reported transaction, the director beneficially owns 8,792.3 phantom stock units, held as a direct interest.

At what price were the Sonoco (SON) phantom stock units referenced in the Form 4?

The 109.7 phantom stock units were reported with a reference price of $41.93 per unit, matching the value of Sonoco common stock for this award calculation.

How and when will the Sonoco (SON) phantom stock units be settled?

The phantom stock units were acquired via a quarterly dividend under the directors’ deferred compensation plan and will be settled upon the director’s retirement or other termination of service.

Is this Sonoco (SON) Form 4 a market purchase or sale of common stock?

No. The filing describes a grant of phantom stock units under a deferred compensation plan, not an open-market purchase or sale of Sonoco common shares.
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