Sonoco (NYSE: SON) COO receives dividend-equivalent restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fuller Rodger D reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Company Chief Operating Officer Rodger D. Fuller received a grant of 46.6 dividend equivalents on restricted stock units, each economically equal to one share of common stock at a reference price of $48.99. After this award, he holds 503.2 such dividend-equivalent units, which will be settled when he retires or otherwise leaves the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fuller Rodger D
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units | 46.6 | $48.99 | $2K |
Holdings After Transaction:
Dividend Equivalents on Restricted Stock Units — 503.2 shares (Direct, null)
Footnotes (1)
- Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Dividend-equivalent units granted: 46.6 units
Reference price per unit: $48.99 per unit
Total dividend-equivalent units after grant: 503.2 units
+1 more
4 metrics
Dividend-equivalent units granted
46.6 units
Grant on June 10, 2026
Reference price per unit
$48.99 per unit
Dividend equivalents on RSUs
Total dividend-equivalent units after grant
503.2 units
Holdings following June 10, 2026 grant
Exercise price
$0.00
Dividend-equivalent RSUs, no exercise cost
Key Terms
Dividend equivalents on Restricted Stock Units, economic equivalent, grant, award, or other acquisition, retirement or other termination of service
4 terms
Dividend equivalents on Restricted Stock Units financial
"Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share"
economic equivalent financial
"is the economic equivalent of one share of Sonoco Products Company common stock"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
retirement or other termination of service financial
"will be settled upon the reporting person's retirement or other termination of service"
FAQ
What did Sonoco (SON) COO Rodger Fuller report in this Form 4?
Rodger D. Fuller reported receiving 46.6 dividend equivalents on restricted stock units. These units mirror Sonoco common stock and increase his total dividend-equivalent holdings to 503.2 units, to be settled at retirement or other service termination.
How many dividend-equivalent units does Sonoco COO Rodger Fuller now hold?
After the June 10, 2026 award, Rodger Fuller holds 503.2 dividend equivalents on restricted stock units. Each unit is economically equivalent to one Sonoco common share and will be settled when his service with the company ends.
What are dividend equivalents on restricted stock units for Sonoco (SON)?
Dividend equivalents on restricted stock units give the holder economic value similar to cash dividends on Sonoco common stock. For Fuller, each unit equals one share of common stock and will be settled in the future upon retirement or termination of service.
Was the Sonoco (SON) COO’s Form 4 transaction a market buy or sell?
The Form 4 shows a grant acquisition, not a market trade. Fuller received 46.6 dividend-equivalent restricted stock units as compensation, coded as a grant or award, with no open-market buying or selling activity reported in this filing.
At what reference price were Sonoco dividend-equivalent units recorded?
The 46.6 dividend-equivalent restricted stock units were recorded at a reference price of $48.99 per unit. This price is used for reporting and reflects the economic value tied to each unit relative to Sonoco common stock.