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Sonoco director granted 248.3 phantom units

Director Theresa J. Drew received additional phantom stock units as a dividend-based award under Sonoco’s deferred compensation plan, increasing her deferred holdings.

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Form Type
4

Rhea-AI Filing Summary

Sonoco Products Co (SON) director Theresa J. Drew reported an automatic grant of 248.3 Phantom Stock Units on September 10, 2026, credited at $48.43 per unit. Each phantom unit is the economic equivalent of one share of common stock and was acquired as a quarterly dividend under the directors' deferred compensation plan, to be settled upon her retirement or other termination of service. Following this award, she holds 22,513.9 Phantom Stock Units directly. No Rule 10b5-1 trading plan is reported.

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Insider Drew Theresa J
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units F1, F2 248.3 $48.43 $12K
Holdings After Transaction: Phantom Stock Units — 22,513.9 contracts (Direct)
Footnotes (2)
  1. F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
  2. F2. 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.
Phantom Stock Units acquired 248.3 units Grant of phantom stock units on September 10, 2026
Transaction price per Phantom Stock Unit $48.43 per unit Crediting value for the September 10, 2026 award
Phantom Stock Units following transaction 22,513.9 units Total phantom units held directly after the award
Phantom Stock Units financial
"Each share of phantom stock is the economic equivalent of one share"
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.
economic equivalent financial
"the economic equivalent of one share of Sonoco Products Company"
directors' deferred compensation plan financial
"quarterly dividend on Sonoco Products Company's directors' deferred compensation plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SON director Theresa J. Drew report on this Form 4?

Theresa J. Drew reported an automatic grant of 248.3 Phantom Stock Units on September 10, 2026. The units were credited under Sonoco’s directors’ deferred compensation plan as part of a quarterly dividend.

How many Sonoco (SON) phantom stock units does Theresa J. Drew hold after this transaction?

After the reported award, Theresa J. Drew holds 22,513.9 Phantom Stock Units directly. Each phantom unit is the economic equivalent of one share of Sonoco Products Company common stock.

What is a phantom stock unit in the context of Sonoco (SON)?

For Sonoco, each Phantom Stock Unit is described as the economic equivalent of one share of Sonoco Products Company common stock. These units track the value of the stock but are typically settled in cash or shares at a later date.

At what value were Theresa J. Drew’s Sonoco phantom stock units credited?

The 248.3 Phantom Stock Units were credited at $48.43 per unit. This figure is reported as the transaction price per phantom stock unit on the Form 4.

When will Theresa J. Drew’s Sonoco (SON) phantom stock units be settled?

The filing states that the phantom stock units will be settled upon the reporting person’s retirement or other termination of service under Sonoco Products Company’s directors’ deferred compensation plan.

Were Theresa J. Drew’s Sonoco transactions made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 plan is affirmed for this transaction; it reflects an automatic acquisition from a quarterly dividend in the directors’ deferred compensation plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Drew Theresa J

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(1)09/10/2026A248.3 (2) (2)Common Stock248.3$48.4322,513.9D
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 Theresa J. Drew09/14/2026
** Signature of Reporting PersonDate
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)

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