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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.

(Neutral)
(Neutral)
Form Type
4

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 Cairns Sean
Role Pres Consumer Pkg EMEA/APAC
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units F1, F2 74.6 $48.43 $4K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 780.1 contracts (Direct)
Footnotes (2)
  1. F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
  2. F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Dividend-equivalent RSUs granted 74.6 units Grant of dividend equivalents on restricted stock units on September 10, 2026
Price reference per unit $48.43 per unit Filed transaction price per dividend equivalent on restricted stock units
Dividend-equivalent RSUs after transaction 780.1 units Total dividend equivalents on restricted stock units held directly after the award
Conversion or exercise price $0.00 Conversion or exercise price for the dividend equivalents on restricted stock units
Dividend Equivalents on Restricted Stock Units financial
"security title is "Dividend Equivalents on Restricted Stock Units""
Restricted Stock financial
"quarterly dividend equivalent rights on Restricted Stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
economic equivalent financial
"Each share ... 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 report for Sean Cairns on this Form 4?

The filing reports that Sean Cairns received an award of 74.6 dividend equivalents on restricted stock units on September 10, 2026, tied to Sonoco Products Co common stock and treated as a grant or other acquisition of derivative securities.

How many dividend-equivalent RSUs does Sean Cairns hold in SON after this transaction?

After the September 10, 2026 award, Sean Cairns holds 780.1 dividend equivalents on restricted stock units directly. These are derivative securities economically equivalent to Sonoco Products Co common shares.

What is a dividend equivalent on restricted stock units in the SON Form 4?

The footnotes state that each dividend equivalent on restricted stock units is the economic equivalent of one share of Sonoco Products Company common stock, representing quarterly dividend-equivalent rights tied to existing restricted stock.

When will the SON dividend-equivalent RSUs reported for Sean Cairns be settled?

The footnotes explain that the quarterly dividend equivalent rights on restricted stock will be settled upon the reporting person’s retirement or other termination of service, deferring settlement to the end of his service.

Was the SON Form 4 transaction made under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a plan (the related flag is false), and the footnotes do not indicate that this grant occurred under a Rule 10b5-1 trading arrangement.

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*
Cairns Sean

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres Consumer Pkg EMEA/APAC
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
Dividend Equivalents on Restricted Stock Units$0.0000(1)09/10/2026A74.6 (2) (2)Common Stock74.6$48.43780.1D
Explanation of Responses:
1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
By:Elizabeth R. Kremer - Power of Attorney for Sean Cairns09/14/2026
** 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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