STOCK TITAN

Sonoco (SON) director John R. Haley granted 808 phantom stock units

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

Rhea-AI Filing Summary

Sonoco Products Company director John R. Haley received a grant of phantom stock units. On the transaction date, he acquired 808.1 phantom stock units, each economically equivalent to one share of Sonoco common stock, increasing his holdings in this plan to 81,968.6 units.

The units were credited as part of a quarterly dividend under Sonoco’s directors’ deferred compensation plan and will be settled in shares of common stock when he retires or otherwise leaves board service. This is a compensation-related, non-cash award rather than an open-market stock purchase.

Positive

  • None.

Negative

  • None.
Insider Haley John R
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 808.1 $53.29 $43K
Holdings After Transaction: Phantom Stock Units — 81,968.6 shares (Direct)
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.
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*
Haley John R

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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
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) 03/10/2026 A 808.1 (2) (2) Common Stock 808.1 $53.29 81,968.6 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 John R. Haley 03/11/2026
** 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 insider transaction did Sonoco (SON) director John R. Haley report?

John R. Haley reported acquiring 808.1 phantom stock units tied to Sonoco common stock. These units were granted as part of a quarterly dividend under the directors’ deferred compensation plan and represent a routine, compensation-related award rather than an open-market stock purchase.

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

Phantom stock units in Sonoco’s plan are bookkeeping units economically equivalent to one share of common stock. Directors accumulate these units over time, typically through fees or dividends, and receive actual shares of Sonoco stock when they retire or end their board service.

How many phantom stock units does John R. Haley hold after this Sonoco (SON) Form 4?

After this transaction, John R. Haley holds 81,968.6 phantom stock units linked to Sonoco common stock. This updated balance reflects the addition of 808.1 units credited from the quarterly dividend under the directors’ deferred compensation plan for his board service.

Was the Sonoco (SON) Form 4 transaction an open-market stock purchase or sale?

The transaction was not an open-market purchase or sale of Sonoco stock. It was a grant or award acquisition of phantom stock units credited under the directors’ deferred compensation plan, tied to a quarterly dividend, and will be settled in stock at a later retirement-related date.

When will John R. Haley’s Sonoco (SON) phantom stock units be settled?

The phantom stock units are scheduled to be settled upon John R. Haley’s retirement or other termination of service as a director. At that time, he is expected to receive Sonoco common stock equal to the number of phantom units credited in his deferred compensation account.