STOCK TITAN

Sonoco director awarded 965.9 phantom units

Director John R. Haley received additional phantom stock units tied to Sonoco common stock through the directors’ deferred compensation plan.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SONOCO PRODUCTS CO (symbol: SON) is the issuer of record for a Form 4 filing submitted to the SEC. Haley John R reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Co (SON) reported that director John R. Haley received an award of 965.9 Phantom Stock Units on September 10, 2026. Each unit is the economic equivalent of one share of Sonoco common stock and was credited as part of a quarterly dividend under the directors' deferred compensation plan. Following this award, Haley holds 87,497.7 Phantom Stock Units directly, which will be settled in common stock upon his retirement or other termination of service. No transactions were reported under a Rule 10b5-1 trading plan.

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Insider Haley John R
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units F1, F2 965.9 $48.43 $47K
Holdings After Transaction: Phantom Stock Units — 87,497.7 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 awarded 965.9 units Grant to director John R. Haley on September 10, 2026
Reference price per unit $48.43 per unit Value used for the September 10, 2026 Phantom Stock Unit award
Total Phantom Stock Units after award 87,497.7 units Director John R. Haley’s direct Phantom Stock Unit balance after the transaction
Underlying common shares for this award 965.9 shares Each Phantom Stock Unit is the economic equivalent of one share of common stock
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.
directors' deferred compensation plan financial
"Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan"
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share"

FAQ

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

What insider transaction did SON director John R. Haley report on this Form 4?

John R. Haley reported an award of 965.9 Phantom Stock Units on September 10, 2026. The units were credited under Sonoco’s directors’ deferred compensation plan and are economically equivalent to shares of Sonoco common stock.

How many Phantom Stock Units does SON director John R. Haley hold after this transaction?

After the September 10, 2026 award, John R. Haley holds 87,497.7 Phantom Stock Units directly. These units are tied to the value of Sonoco Products Company common stock and will be settled when his board service ends.

What are Phantom Stock Units in the context of SON’s Form 4 filing?

The filing states that each Phantom Stock Unit is the economic equivalent of one share of Sonoco Products Company common stock. They track the value of the stock but are credited in a deferred compensation account rather than issued as current shares.

How were the new Phantom Stock Units for SON’s director John R. Haley acquired?

The 965.9 Phantom Stock Units were acquired as part of a quarterly dividend credited under Sonoco Products Company’s directors’ deferred compensation plan, rather than through an open-market purchase or sale.

When will John R. Haley’s Phantom Stock Units in SON be settled?

According to the filing, the Phantom Stock Units will be settled upon John R. Haley’s retirement or other termination of service as a director, at which time they are to be paid out in Sonoco common stock.

Was the SON insider transaction made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for this transaction involving Phantom Stock Units awarded to director John R. Haley.

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*
Haley John R

(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)09/10/2026A965.9 (2) (2)Common Stock965.9$48.4387,497.7D
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. Haley09/14/2026
** 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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