Sonoco (NYSE: SON) COO adds dividend-equivalent RSUs, now holds 415 derivatives
Rhea-AI Filing Summary
Sonoco Products Company’s Chief Operating Officer, Rodger D. Fuller, reported routine equity-related activity. On 12/12/2025, he acquired 44.3 dividend equivalents on Restricted Stock Units, each economically equivalent to one share of Sonoco common stock. These dividend equivalent rights are credited quarterly and will be settled when he retires or otherwise leaves his role.
Following this transaction, Fuller beneficially owns 415 derivative securities tied to Sonoco common stock, held in direct ownership. The filing notes that the dividend equivalents were recorded at a conversion or exercise price of $0.0000, reflecting their nature as adjustments to existing restricted stock awards rather than open-market purchases.
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FAQ
What insider transaction did Sonoco Products (SON) report for its COO?
Sonoco Products reported that its Chief Operating Officer, Rodger D. Fuller, acquired 44.3 dividend equivalents on Restricted Stock Units on 12/12/2025, each tied economically to one share of Sonoco common stock.
How many Sonoco-related derivative securities does the COO beneficially own after this Form 4?
After the reported transaction, Rodger D. Fuller beneficially owns 415 derivative securities related to Sonoco Products Company common stock, held in direct ownership.
What are dividend equivalents on Restricted Stock Units in the Sonoco (SON) filing?
The filing explains that each share of dividend equivalents on Restricted Stock Units is the economic equivalent of one share of Sonoco Products Company common stock, credited in connection with dividends.
When will the Sonoco COO’s dividend equivalent rights be settled?
The dividend equivalent rights on Restricted Stock will be settled upon the reporting person's retirement or other termination of service, according to the disclosure.
Did the Sonoco COO pay a price for the dividend equivalent rights reported?
The Form 4 lists a conversion or exercise price of $0.0000 for the dividend equivalents on Restricted Stock Units, indicating they are credited rights rather than cash purchases.
Who signed the Sonoco Products (SON) Form 4 for this insider transaction?
The Form 4 was signed by Elizabeth R. Kremer as Power of Attorney for Rodger D. Fuller on 12/12/2025.