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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 248.3 | $48.43 | $12K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- 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.
Key Figures
Key Terms
Phantom Stock Units financial
economic equivalent financial
directors' deferred compensation plan financial
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?
How many Sonoco (SON) phantom stock units does Theresa J. Drew hold after this transaction?
What is a phantom stock unit in the context of Sonoco (SON)?
At what value were Theresa J. Drew’s Sonoco phantom stock units credited?
When will Theresa J. Drew’s Sonoco (SON) phantom stock units be settled?
Were Theresa J. Drew’s Sonoco transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.