Sonoco (SON) executive Cairns gets RSU awards and stock with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sonoco Products executive Sean Cairns reported several equity compensation transactions. On February 19, 2026, he received 9,233 restricted stock units and 432 additional deferred restricted stock units. These RSUs each represent the right to receive one share of Sonoco common stock and vest over time.
He also acquired 1,835 shares of common stock as a grant and had 423 shares withheld to cover tax obligations, leaving him with 17,817 common shares directly owned. Some RSUs vest in three annual installments, while others vest on May 1, 2026 and are paid after retirement or service termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Cairns Sean
Role
Pres Consumer Pkg EMEA/APAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,233 | $56.07 | $518K |
| Grant/Award | Restricted Stock Units II | 432 | $0.00 | -- |
| Grant/Award | Common Stock | 1,835 | $43.64 | $80K |
| Tax Withholding | Common Stock | 423 | $43.64 | $18K |
Holdings After Transaction:
Restricted Stock Units — 9,233 shares (Direct);
Restricted Stock Units II — 1,090 shares (Direct);
Common Stock — 18,240 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%. The restricted stock units vest on 5/01/2026 and defer. Vested shares will be paid to the reporting person six months following retirement or termination of service.
FAQ
What insider transactions did Sean Cairns report at Sonoco (SON)?
Sean Cairns reported equity awards and related tax withholding. He received restricted stock units and a common stock grant, while some shares were withheld to satisfy tax liabilities. These are compensation-related, not open-market buy or sell transactions.
How many restricted stock units did Sean Cairns receive from Sonoco (SON)?
Sean Cairns received 9,233 restricted stock units and 432 additional deferred restricted stock units. Each unit represents a contingent right to receive one share of Sonoco common stock, subject to vesting and, for some units, deferred payment conditions tied to retirement or service termination.
When do Sean Cairns’ Sonoco (SON) restricted stock units vest?
One tranche of restricted stock units vests in three annual installments of 33%, 33% and 34%, beginning one year from the grant date. Another tranche vests on May 1, 2026, with vested shares deferred and paid six months after retirement or service termination.
What is the nature of the tax-withholding transaction in Sean Cairns’ Sonoco (SON) filing?
The filing shows a tax-withholding disposition of 423 Sonoco common shares at $43.64 per share. These shares were delivered to satisfy tax obligations arising from equity awards, rather than being sold in a discretionary open-market transaction by the executive.