Sonoco Products (SON) director acquires 817 phantom stock units in deferred plan
Rhea-AI Filing Summary
Sonoco Products Company director reports phantom stock award
A director of Sonoco Products Company reported acquiring 817 phantom stock units on 01/02/2026 under the company’s directors deferred compensation plan. Each phantom stock unit is the economic equivalent of one share of Sonoco Products Company common stock and is to be settled in common stock 6 months after the reporting person’s retirement. Following this transaction, the reporting person beneficially owns 66,979.6 derivative securities directly.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Sonoco Products (SON) report on this Form 4?
A company director reported acquiring 817 phantom stock units on 01/02/2026 under Sonoco Products Company’s directors deferred compensation plan.
How many Sonoco Products phantom stock units does the director own after this transaction?
After the reported transaction, the director beneficially owns 66,979.6 derivative securities directly, as shown in Table II.
What are phantom stock units in the Sonoco Products plan?
Each phantom stock unit is described as the economic equivalent of one share of Sonoco Products Company common stock.
When will the Sonoco Products phantom stock units be settled?
The phantom stock units accrued under the directors deferred compensation plan are to be settled in Sonoco Products Company common stock 6 months after the reporting person’s retirement.
What is the relationship of the reporting person to Sonoco Products (SON)?
The reporting person is identified as a Director of Sonoco Products Company.
Was this Sonoco Products Form 4 filed for one reporting person or multiple?
The filing indicates it is a Form filed by One Reporting Person.