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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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Form Type
4

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 Haynes Ernest D III
Role Pres. Consumer Pkg Americas
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
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 998.5 contracts (Direct); Restricted Stock Units — 1,650 contracts (Direct)
Holdings Before and After: Dividend Equivalents on Restricted Stock Units, 1,007.5 to 998.5 contracts (Direct); Restricted Stock Units, 1,710 to 1,650 contracts (Direct)
Footnotes (5)
  1. F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
  2. 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.
  3. 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.
  4. F4. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
  5. 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.
Dividend-equivalent units cashed out 9 units November 1, 2026
Transaction price per share $49.96 per share Both reported transactions on November 1, 2026
Dividend-equivalent units reported afterward 998.5 units After the November 1, 2026 transaction
Restricted stock unit shares delivered or withheld 60 shares November 1, 2026
Restricted stock units reported afterward 1,650 units After the November 1, 2026 transaction
Dividend Equivalents on Restricted Stock Units technical
"Dividend equivalents on Restricted Stock Unit"
Restricted Stock Units technical
"The restricted stock units vest 3 years from date of grant."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding taxes financial
"The shares were cashed out to account for withholding taxes."
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did Sonoco (SON) executive Ernest D. Haynes III report?

He reported that 9 dividend-equivalent units were cashed out to account for withholding taxes and that 60 shares related to restricted stock units were delivered or withheld for payment of exercise price or tax liability, each at $49.96 per share.

What are the vesting and payment terms for Sonoco (SON) restricted stock units?

The restricted stock units vest three years from the grant date. Vested shares will be paid to the reporting person six months following retirement or termination of service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Haynes Ernest D III

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

(Street)
HARTSVILLE SOUTH CAROLINA 29551-0160

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres. Consumer Pkg Americas
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalents on Restricted Stock Units$0.0000(1)11/01/2026F9 (2) (3)Common Stock9$49.96998.5D
Restricted Stock Units$0.0000(4)11/01/2026F6011/01/2026(5)11/01/2036Common Stock60$49.961,650D
Explanation of Responses:
1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
2. 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.
3. 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.
4. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
5. 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.
By: Elizabeth R. Kremer - Power of Attorney for Ernest D. Haynes11/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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