STOCK TITAN

Sonoco (SON) executive exercises RSUs, uses 1,013 shares for tax withholding

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

Rhea-AI Filing Summary

Sonoco Products Company executive John M. Florence, General Counsel, Secretary and VP, reported multiple equity transactions in company stock. On February 20–21, 2026, he exercised restricted stock units into a total of 3,158 shares of common stock through derivative conversions.

The filings show corresponding tax-withholding dispositions of 1,013 shares of common stock at $56.45 per share to cover liabilities associated with these conversions. After these transactions, he directly held 9,197 shares of Sonoco common stock and 7,477 restricted stock units, plus an additional 22.9274 shares held indirectly by his spouse.

Positive

  • None.

Negative

  • None.
Insider Florence John M
Role Gnl Council, Secy, VP
Type Security Shares Price Value
Exercise Restricted Stock Units 3,080 $56.45 $174K
Exercise Common Stock 3,080 $0.00 --
Tax Withholding Common Stock 935 $56.45 $53K
Exercise Restricted Stock Units 78 $56.45 $4K
Exercise Common Stock 78 $0.00 --
Tax Withholding Common Stock 78 $56.45 $4K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 6,255 shares (Direct); Common Stock — 10,132 shares (Direct); Common Stock — 22.927 shares (Indirect, By Spouse)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
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*
Florence John M

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Gnl Council, Secy, VP
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
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
Common Stock 02/20/2026 M 78 A $0.0000 7,130 D
Common Stock 02/20/2026 F 78 D $56.45 7,052 D
Common Stock 02/21/2026 M 3,080 A $0.0000 10,132 D
Common Stock 02/21/2026 F 935 D $56.45 9,197 D
Common Stock 22.9274 I By Spouse
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
Restricted Stock Units $0.0000(1) 02/20/2026 M 78 02/20/2025 (2) Common Stock 78 $56.45 7,477 D
Restricted Stock Units $0.0000(1) 02/21/2026 M 3,080 02/21/2026 (2) Common Stock 3,080 $56.45 6,255 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
2. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
By:Elizabeth R Kremer - Power of Attorney for John M. Florence 02/24/2026
** 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 transactions did Sonoco (SON) executive John M. Florence report?

John M. Florence reported exercising restricted stock units into common shares and related tax-withholding dispositions. He converted 3,158 restricted stock units into common stock and disposed of 1,013 common shares at $56.45 per share to satisfy tax obligations tied to these equity awards.

How many Sonoco (SON) shares does John M. Florence hold after these transactions?

After the reported transactions, John M. Florence directly held 9,197 shares of Sonoco common stock and 7,477 restricted stock units. In addition, 22.9274 Sonoco common shares were reported as held indirectly through his spouse as of the transaction dates.

Were John M. Florence’s Sonoco (SON) trades open-market buys or sells?

The filing shows derivative exercises and tax-withholding dispositions, not open-market buys or sells. Code M transactions converted restricted stock units into common shares, while code F transactions delivered shares at $56.45 to cover tax liabilities from those equity award conversions.

What price was used for tax-withholding share dispositions in the Sonoco (SON) Form 4?

Tax-withholding dispositions of Sonoco common stock were reported at $56.45 per share. These code F transactions, totaling 1,013 shares, reflect shares delivered to pay tax liabilities associated with the exercise or conversion of restricted stock unit awards reported in the same Form 4.

What do the restricted stock unit awards for Sonoco (SON) represent for John M. Florence?

Each restricted stock unit represents a contingent right to receive one share of Sonoco common stock. The units vest beginning one year from the date of grant in three annual installments of 33%, 33%, and 34%, as described in the Form 4 footnotes.