Sonoco Products (SON) director reports 1,605 phantom stock units grant
Rhea-AI Filing Summary
Sonoco Products Company reported that one of its directors acquired 1,605.8 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 common stock and is to be settled in common shares six months after the director’s retirement. Following this transaction, the director beneficially owns a total of 28,071.6 phantom stock units. The filing lists a price of $44.37 for the phantom stock units in this transaction.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 1,605.8 | $44.37 | $71K |
Footnotes (1)
- Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.
FAQ
What insider transaction was reported for Sonoco Products (SON)?
A director of Sonoco Products Company reported acquiring 1,605.8 phantom stock units on 01/02/2026 under the company’s directors deferred compensation plan.
What are the phantom stock units reported in the Sonoco (SON) Form 4?
Each phantom stock unit is the economic equivalent of one share of Sonoco Products Company common stock and will be settled in common stock.
When will the Sonoco (SON) director’s phantom stock units be settled?
The phantom stock units are to be settled in Sonoco Products Company common stock six months after the reporting person’s retirement.
How many phantom stock units does the Sonoco (SON) director own after this transaction?
After the reported transaction, the director beneficially owns 28,071.6 phantom stock units linked to Sonoco Products Company common stock.
What price is associated with the Sonoco (SON) phantom stock transaction?
The filing lists a price of $44.37 for the phantom stock units reported in the transaction dated 01/02/2026.
What role does the reporting person have at Sonoco Products (SON)?
The reporting person is identified as a director of Sonoco Products Company in the filing.