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.
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.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 965.9 | $48.43 | $47K |
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
directors' deferred compensation plan financial
economic equivalent financial
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?
How many Phantom Stock Units does SON director John R. Haley hold after this transaction?
What are Phantom Stock Units in the context of SON’s Form 4 filing?
How were the new Phantom Stock Units for SON’s director John R. Haley acquired?
When will John R. Haley’s Phantom Stock Units in SON be settled?
Was the SON insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.