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Sonoco director gets 777 phantom stock units

A Sonoco Products Co director received additional phantom stock units as a dividend-based deferred compensation credit, increasing her deferred balance to over 70,000 units.

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Form Type
4

Rhea-AI Filing Summary

Sonoco Products Co (SON) reports that director Pamela Lewis Davies acquired 777.2 Phantom Stock Units on September 10, 2026, credited in connection with a quarterly dividend under the directors' deferred compensation plan. Each unit is the economic equivalent of one share of common stock, bringing her total phantom stock holdings to 70,478.5 units, which will be settled upon retirement or other termination of service. No transactions are reported as made under a Rule 10b5-1 trading plan.

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Insider DAVIES PAMELA LEWIS
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units F1, F2 777.2 $48.43 $38K
Holdings After Transaction: Phantom Stock Units — 70,478.5 contracts (Direct)
Footnotes (2)
  1. F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
  2. 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.
Phantom Stock Units acquired 777.2 units Grant credited on September 10, 2026, under directors' deferred compensation plan
Deemed value per Phantom Stock Unit $48.43 per unit Value used for the September 10, 2026 phantom stock unit credit
Total Phantom Stock Units after transaction 70,478.5 units Director’s aggregate phantom stock balance following the September 10, 2026 award
Underlying common stock equivalent 777.2 shares Each new Phantom Stock Unit equals one share of Sonoco Products Company common stock
Phantom Stock Units financial
"Each share of phantom stock is the economic equivalent of one share"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
directors' deferred compensation plan financial
"Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan"
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SON director Pamela Lewis Davies report?

Pamela Lewis Davies reported acquiring 777.2 Phantom Stock Units on September 10, 2026, as a grant credited in connection with a quarterly dividend under Sonoco Products Co's directors' deferred compensation plan.

How many phantom stock units in total does Pamela Lewis Davies hold at SON after this transaction?

After this transaction, Pamela Lewis Davies holds a total of 70,478.5 Phantom Stock Units tied to Sonoco Products Co common stock under the directors' deferred compensation arrangements.

What are Phantom Stock Units in the context of SON?

Each Phantom Stock Unit is described as the economic equivalent of one share of Sonoco Products Company common stock, providing cash or stock-settled value aligned with the share price rather than current share ownership.

Why were the 777.2 Phantom Stock Units credited to the SON director?

The 777.2 Phantom Stock Units were acquired on a quarterly dividend under Sonoco Products Company's directors' deferred compensation plan, effectively reinvesting dividend value into additional phantom units.

When will the SON Phantom Stock Units held by Pamela Lewis Davies be settled?

The Phantom Stock Units will be settled upon Pamela Lewis Davies' retirement or other termination of service as a director, consistent with the terms of Sonoco Products Company's directors' deferred compensation plan.

Were Pamela Lewis Davies' SON phantom unit transactions under a Rule 10b5-1 plan?

No Rule 10b5-1 trading plan is reported for this transaction; the filing indicates the phantom stock units were credited as part of a quarterly dividend under the deferred compensation plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DAVIES PAMELA LEWIS

(Last)(First)(Middle)
ONE NORTH SECOND ST
P O BOX 160

(Street)
HARTSVILLE SOUTH CAROLINA 29551-0160

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(1)09/10/2026A777.2 (2) (2)Common Stock777.2$48.4370,478.5D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. 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.
By: Elizabeth R. Kremer - Power of Attorney for Pamela L. Davies09/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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