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Sonoco (SON) VP Adam Wood converts RSUs, reports tax and issuer share dispositions

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

Rhea-AI Filing Summary

Sonoco Products Company executive Adam Wood reported multiple equity compensation transactions involving restricted stock units (RSUs) and common stock. On February 20 and 21, he exercised RSUs into a total of 1,484 shares of Sonoco common stock through derivative exercises/conversions.

These conversions delivered 668 and 816 RSUs into the same number of common shares, with some shares shown at a reference price of $56.45 per share. To cover tax obligations and a disposition to the issuer, 384 shares were withheld for tax payment and 314 shares were disposed to the issuer.

After these transactions, Wood held 34,319 shares of Sonoco common stock directly, along with 1,658 RSUs, each representing a contingent right to receive one share of common stock that vests over three years in 33%, 33% and 34% annual installments.

Positive

  • None.

Negative

  • None.
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*
Wood Adam

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP Paper Products Europe
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
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
Common Stock 02/20/2026 M 668 A $0.0000 34,201 D
Common Stock 02/20/2026 D 314 D $56.45 33,887 D
Common Stock 02/21/2026 M 816 A $0.0000 34,703 D
Common Stock 02/21/2026 F 384 D $56.45 34,319 D
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
Restricted Stock Units $0.0000(1) 02/20/2026 M 668 02/20/2025 (2) Common Stock 668 $56.45 688 D
Restricted Stock Units $0.0000(1) 02/21/2026 M 816 02/21/2026 (2) Common Stock 816 $56.45 1,658 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
2. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
By:Elizabeth R. Kremer-Power of Attorney for Adam Wood 02/24/2026
** 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 did Sonoco (SON) executive Adam Wood report in this Form 4?

Adam Wood reported exercises of restricted stock units into common stock and related share dispositions. He converted 1,484 RSUs into common shares, with some shares withheld to cover taxes and others disposed to the issuer as part of equity compensation mechanics.

How many Sonoco (SON) shares does Adam Wood hold after these transactions?

After the reported transactions, Adam Wood directly holds 34,319 shares of Sonoco common stock. He also holds 1,658 restricted stock units, each representing a contingent right to receive one share of Sonoco common stock subject to a multi-year vesting schedule.

Were Adam Wood’s Sonoco (SON) transactions open-market buys or sells?

The transactions were not open-market buys or sells. They involved derivative exercises or conversions of restricted stock units into common stock, plus share dispositions to cover tax liabilities and a disposition to the issuer, all tied to equity compensation rather than market trading.

What do Adam Wood’s restricted stock units in Sonoco (SON) represent?

Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The units vest beginning one year from the grant date in three annual installments of 33%, 33% and 34%, subject to the equity award’s terms.

How many Sonoco (SON) restricted stock units did Adam Wood exercise in this filing?

Adam Wood exercised 1,484 restricted stock units into common shares across two days: 668 units on February 20 and 816 units on February 21. These derivative exercises converted the RSUs into the same number of Sonoco common shares as part of his compensation.

Why were some Sonoco (SON) shares disposed or withheld in Adam Wood’s Form 4?

Two dispositions were reported: 384 shares were delivered to satisfy tax liabilities at a reference price of $56.45 per share, and 314 shares were disposed to the issuer. Both actions stem from equity award settlement mechanics rather than discretionary market sales.
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97.63M
Packaging & Containers
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United States
HARTSVILLE