Sonoco (NYSE: SON) CEO Coker discloses 2,060-share bona fide stock gift
Rhea-AI Filing Summary
Sonoco Products President & CEO R. Howard Coker reported a bona fide gift transfer of 2,060 shares of common stock. After this gift, his directly held stake is 542,592 shares. An additional 17,873.7037 shares are reported as indirectly owned through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,060 shares
Net Sell
2 txns
Insider
Coker R. Howard
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,060 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 542,592 shares (Direct);
Common Stock — 17,873.7037 shares (Indirect, By Spouse)
FAQ
What insider transaction did SON President & CEO R. Howard Coker report?
R. Howard Coker reported a bona fide gift transfer of 2,060 shares of Sonoco Products common stock. This is classified as a disposition by gift, not an open-market sale, and therefore does not reflect a price-based trading decision in the company’s shares.
Was the Sonoco (SON) CEO’s reported transaction a sale or a gift?
The transaction was reported as a bona fide gift, not a sale. It is coded as a gift disposition, meaning shares were transferred without consideration, rather than sold in the open market or through another price-based transaction involving company common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.