Sonoco (SON) CFO receives 15,696 deferred restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joachimczyk Paul reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Company CFO Paul Joachimczyk received equity compensation in the form of restricted stock units. On February 19, 2026 he was granted 15,388 Restricted Stock Units and 308 Restricted Stock Units II, each representing one share of common stock. These units vest over three years beginning one year after grant and are deferred, with vested shares delivered six months after his retirement or termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Joachimczyk Paul
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 15,388 | $0.00 | -- |
| Grant/Award | Restricted Stock Units II | 308 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 15,388 shares (Direct);
Restricted Stock Units II — 308 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%. The restricted stock units upon vest will immediately defer. Vested shares will be paid to the reporting person six months following retirement or termination of service.
FAQ
What did Sonoco Products (SON) CFO Paul Joachimczyk report on this Form 4?
He reported receiving equity awards in the form of restricted stock units. The filing shows grants of 15,388 Restricted Stock Units and 308 Restricted Stock Units II, each representing a contingent right to receive one share of Sonoco Products common stock upon vesting and settlement.
How many restricted stock units did Sonoco Products (SON) grant to its CFO?
The CFO was granted 15,388 Restricted Stock Units and 308 Restricted Stock Units II. Together, these represent 15,696 contingent rights to receive Sonoco Products common shares, subject to the vesting schedule and deferred delivery conditions described in the Form 4 footnotes.
What is the vesting schedule for the Sonoco (SON) restricted stock units granted to the CFO?
The restricted stock units vest in three annual installments beginning one year from the grant date. Vesting occurs at 33%, 33% and 34% over three years, aligning the CFO’s equity awards with a multi‑year service and performance horizon at Sonoco Products Company.
What does each Sonoco Products (SON) restricted stock unit represent for the CFO?
Each restricted stock unit represents a contingent right to receive one share of Sonoco Products common stock. Actual share delivery depends on satisfying vesting conditions and the deferred payout terms, which delay payment until six months after retirement or termination of service.