Sonoco executive Haynes delivers or withholds 60 shares
Sonoco's Pres. Consumer Pkg Americas had reported post-transaction positions of 998.5 dividend-equivalent units and 1,650 restricted stock units.
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Rhea-AI Filing Summary
Sonoco Products Co. (SON) executive Ernest D. Haynes III, Pres. Consumer Pkg Americas, reported two direct dispositions on November 1, 2026. The 9 dividend-equivalent units were cashed out to account for withholding taxes at $49.96 per share, with 998.5 units reported afterward. For restricted stock units, 60 shares were delivered or withheld for payment of exercise price or tax liability at $49.96 per share; 1,650 restricted stock units were reported afterward.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Dividend Equivalents on Restricted Stock Units F1, F2, F3 | 9 | $49.96 | $449.64 |
| Exercise Price or Tax Liability | Restricted Stock Units F4, F5 | 60 | $49.96 | $3K |
Footnotes (5)
- F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2. Each share of Dividend Equivalents on Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
- F3. Each share of Dividend Equivalents on Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares will be settled upon the reporting person's retirement or other termination of service.
- F4. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F5. The restricted stock units vest 3 years from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.
Key Figures
Key Terms
Dividend Equivalents on Restricted Stock Units technical
Restricted Stock Units technical
withholding taxes financial
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