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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 777.2 | $48.43 | $38K |
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.
Key Figures
Key Terms
Phantom Stock Units financial
directors' deferred compensation plan financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SON director Pamela Lewis Davies report?
How many phantom stock units in total does Pamela Lewis Davies hold at SON after this transaction?
What are Phantom Stock Units in the context of SON?
Why were the 777.2 Phantom Stock Units credited to the SON director?
When will the SON Phantom Stock Units held by Pamela Lewis Davies be settled?
Were Pamela Lewis Davies' SON phantom unit transactions under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.