Sonoco (NYSE: SON) director adds 817 phantom stock units in deferred plan
Rhea-AI Filing Summary
Sonoco Products Company director Richard G. Kyle reported a deferred equity transaction. On January 2, 2026, he acquired 817 phantom stock units, each economically equivalent to one share of Sonoco common stock, at a reference price of $44.37 per unit. These units were credited under Sonoco’s directors deferred compensation plan. Following this award, he beneficially owned 28,960.9 derivative securities representing Sonoco common stock on a direct basis. The phantom stock units are to be settled in Sonoco common stock six months after his retirement.
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FAQ
What insider transaction did Sonoco Products (SON) report for Richard G. Kyle?
Sonoco Products Company reported that director Richard G. Kyle acquired 817 phantom stock units on January 2, 2026 under the company’s directors deferred compensation plan.
How many Sonoco phantom stock units did the director acquire and at what price?
Richard G. Kyle acquired 817 phantom stock units, with the filing showing a reference price of $44.37 per unit.
What are the phantom stock units reported by Sonoco Products (SON)?
The filing states that each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock, accrued under the directors deferred compensation plan.
When will Richard G. Kyle’s Sonoco phantom stock units be settled?
The phantom stock units are to be settled in Sonoco Products Company common stock six months after the reporting person’s retirement.
How many derivative securities does the Sonoco director own after this transaction?
After the reported transaction, Richard G. Kyle beneficially owned 28,960.9 derivative securities representing Sonoco common stock, held with direct ownership.
Is the Sonoco insider transaction reported on this Form 4 a direct or indirect holding?
The filing shows the ownership form as Direct (D) for the 28,960.9 derivative securities following the transaction.