Sonoco HR chief awarded 2,091 RSUs
White Andrea B. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
White Andrea B. reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Company reported that Chief Human Resources Officer Andrea B. White received a grant of 2,091 restricted stock units. Each unit represents a contingent right to receive one share of Sonoco common stock.
The restricted stock units vest three years from the grant date. Vested shares are deferred and will be delivered to White six months after her retirement or termination of service, tying a portion of her compensation to the company’s long-term performance and her continued tenure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,091 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2. The restricted stock units vest 3 years from date of grant. Vested shares defer and will be paid to the reporting person six months following retirement or termination of service.
FAQ
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What insider transaction did Sonoco (SON) report for Andrea B. White?
How many restricted stock units were granted to Sonoco executive Andrea B. White?
When do Andrea B. White’s Sonoco restricted stock units vest?
What does each Sonoco restricted stock unit granted to Andrea B. White represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.