Sonoco insider granted 74.6 dividend-equivalent units
Form 4 shows Sonoco’s consumer packaging president accumulating additional dividend-equivalent restricted stock units as part of deferred equity compensation.
Rhea-AI Filing Summary
SONOCO PRODUCTS CO (symbol: SON) is the issuer of record for a Form 4 filing submitted to the SEC. Cairns Sean reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Co (SON) reported that Sean Cairns, Pres Consumer Pkg EMEA/APAC, received a grant of 74.6 dividend equivalents on restricted stock units on September 10, 2026. Each dividend equivalent is the economic equivalent of one share of common stock and will be settled upon his retirement or other termination of service. Following this grant, he holds 780.1 dividend equivalents on restricted stock units directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units F1, F2 | 74.6 | $48.43 | $4K |
Footnotes (2)
- F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Key Terms
Dividend Equivalents on Restricted Stock Units financial
Restricted Stock financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SON report for Sean Cairns on this Form 4?
How many dividend-equivalent RSUs does Sean Cairns hold in SON after this transaction?
What is a dividend equivalent on restricted stock units in the SON Form 4?
When will the SON dividend-equivalent RSUs reported for Sean Cairns be settled?
Was the SON Form 4 transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.