Sonoco (SON) director receives 752.9 phantom stock units in deferred compensation grant

Rhea-AI Filing Summary

Sonoco Products Company director Pamela Lewis Davies reported receiving a grant of phantom stock units tied to the company’s common stock. She acquired 752.9 phantom stock units on a quarterly dividend credit under the directors’ deferred compensation plan at a reference price of $48.99 per unit. Each phantom unit is economically equivalent to one share of common stock and will be settled in the future upon her retirement or other termination of service. Following this grant, she holds a total of 69,055.7 phantom stock units directly, reflecting ongoing compensation rather than an open-market stock purchase or sale.

Insights

Equity compensation analyst

Routine director compensation grant using phantom stock units, not a market trade.

Director Pamela Lewis Davies received 752.9 phantom stock units, each economically equivalent to one Sonoco common share. The grant was credited as part of a quarterly dividend within the directors’ deferred compensation plan, at a reference price of $48.99 per unit.

These awards are compensation-related, not open-market buying or selling, so they carry limited signaling value about the director’s view of the stock. After this grant, Davies holds 69,055.7 phantom units, which will be settled upon retirement or other termination of service, aligning her long-term economic exposure with shareholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DAVIES PAMELA LEWIS

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	752.9	$48.99	$37K

Holdings After Transaction: Phantom Stock Units — 69,055.7 shares (Direct, null)

Footnotes (1)

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

Key Figures

Phantom stock units granted: 752.9 units Reference price per unit: $48.99 per unit Total phantom units after grant: 69,055.7 units +2 more

5 metrics

Phantom stock units granted 752.9 units Grant under directors’ deferred compensation plan on June 10, 2026

Reference price per unit $48.99 per unit Used to calculate June 10, 2026 phantom unit grant

Total phantom units after grant 69,055.7 units Director’s phantom stock balance following the reported transaction

Underlying common shares per unit 1 share per unit Each phantom stock unit equals one share of Sonoco common stock economically

Transaction direction Acquisition (grant/award) Form 4 transaction code A for phantom stock units

Key Terms

Phantom Stock Units, directors' deferred compensation plan, economic equivalent

3 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

directors' deferred compensation plan financial

"Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan"

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock"

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Form 4 Insider Transactions: What Each Field Means →

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^*

DAVIES PAMELA LEWIS

(Last) (First) (Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE SOUTH CAROLINA 29551-0160

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Phantom Stock Units	(1)	06/10/2026		A		752.9		(2)	(2)	Common Stock	752.9	$48.99	69,055.7	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

	By: Elizabeth R. Kremer - Power of Attorney for Pamela L. Davies	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sonoco (SON) director Pamela Lewis Davies report in this Form 4?

She reported receiving 752.9 phantom stock units as part of Sonoco’s directors’ deferred compensation plan. Each unit is economically equivalent to one share of common stock and reflects a routine, compensation-related award rather than an open-market stock transaction.

How many Sonoco (SON) phantom stock units does Pamela Lewis Davies now hold?

After the latest grant, Pamela Lewis Davies holds a total of 69,055.7 phantom stock units. These units track Sonoco’s common stock value and will be settled upon her retirement or other termination of service from the company’s board.

Is Pamela Lewis Davies buying or selling Sonoco (SON) stock in this filing?

No open-market buying or selling is reported. The Form 4 shows a grant of 752.9 phantom stock units credited under the directors’ deferred compensation plan, which is a routine equity-based compensation award rather than a discretionary market trade.

What are phantom stock units in the Sonoco (SON) compensation plan?

Sonoco’s phantom stock units are awards whose value equals one share of common stock. Directors receive them under a deferred compensation plan, often via dividends, with settlement in cash or shares when they retire or otherwise end their board service.

How was the value of the new phantom stock units for Sonoco (SON) determined?

The 752.9 phantom stock units were credited at a reference price of $48.99 per unit. This price is used to calculate the number of units awarded as part of the quarterly dividend credit for the directors’ deferred compensation plan.