Sonoco director Drew acquires 747.4 deferred stock units
The units are to be settled in Sonoco Products Company common stock six months after Theresa J. Drew's retirement.
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Rhea-AI Filing Summary
Sonoco Products Co. director Theresa J. Drew acquired 747.4 Phantom Stock Units on October 1, 2026, in an award transaction. The transaction lists a price of $48.50 per unit, and her reported balance afterward was 23,261.3 Phantom Stock Units. Each unit is economically equivalent to one Sonoco common share; the units accrued under the directors deferred compensation plan and are to be settled in Sonoco common stock six months after her retirement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 747.4 | $48.50 | $36K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.
Key Figures
Key Terms
Phantom Stock Units financial
deferred compensation plan financial
settled in Sonoco Products Company common stock financial
FAQ
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How many SON phantom stock units did Theresa J. Drew acquire?
When will Theresa J. Drew's SON phantom stock units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.