Sonoco Products (SON) director adds 246 phantom stock units via dividend plan
Rhea-AI Filing Summary
Sonoco Products Company director reports dividend-based phantom stock units
Theresa J. Drew, a director of Sonoco Products Company, reported an acquisition of derivative securities in the form of phantom stock units on 12/10/2025. The filing shows she acquired 246 phantom stock units at a reference price of $41.93 per unit, bringing her total beneficial ownership in these derivative securities to 19,706.1 phantom stock units, held directly.
Each phantom stock unit is the economic equivalent of one share of Sonoco common stock and was credited under the company’s directors’ deferred compensation plan in connection with a quarterly dividend. These units will be settled in Sonoco common stock when Ms. Drew retires or otherwise leaves board service, aligning her compensation with the company’s long-term performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 246 | $41.93 | $10K |
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.
FAQ
What insider transaction did Sonoco Products (SON) report for Theresa J. Drew?
What are the phantom stock units reported in the Sonoco Products (SON) Form 4?
How many derivative securities does the Sonoco Products (SON) director own after this transaction?
What was the price reference for the phantom stock units in the Sonoco Products (SON) transaction?
How and when will the Sonoco Products (SON) phantom stock units be settled?
Is the Sonoco Products (SON) Form 4 filed by one or multiple reporting persons?
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