Sonoco Products (NYSE: SON) CEO buys 4,345 shares, makes equal stock gift
Rhea-AI Filing Summary
Sonoco Products Company President & CEO R. Howard Coker reported two non-derivative transactions in common stock on August 7, 2026. He purchased 4,345 shares in an open-market or private transaction at $57.4099 per share, and separately made a bona fide gift of 4,345 shares. The filing also reports 17,873.7037 shares of common stock held indirectly by his spouse.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
4,345 shares gifted
Gift
3 txns
Insider
Coker R. Howard
Role
President & CEO
Bought
4,345 shs ($249K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,345 | $57.4099 | $249K |
| Gift | Common Stock | 4,345 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 542,592 shares (Direct);
Common Stock — 17,873.7037 shares (Indirect, By Spouse)
Key Figures
Shares purchased: 4,345 shares
Purchase price: $57.4099 per share
Shares gifted: 4,345 shares
+2 more
5 metrics
Shares purchased
4,345 shares
Common stock purchased on 2026-08-07 (code P)
Purchase price
$57.4099 per share
Price for 4,345 common shares purchased
Shares gifted
4,345 shares
Common stock transferred as bona fide gift (code G)
Gift price per share
$0.0000 per share
Reported value for bona fide gift transaction
Indirect spouse holdings
17,873.7037 shares
Common stock held indirectly "By Spouse" after reported transactions
Key Terms
bona fide gift, indirect ownership, Rule 10b5-1
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for 4,345-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Common stock holding reported as indirect with nature "By Spouse""
Rule 10b5-1 regulatory
"aff_10b5_one indicates the Rule 10b5-1 checkbox status for the filing"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Sonoco (SON) CEO R. Howard Coker report on this Form 4?
R. Howard Coker reported a purchase of 4,345 Sonoco common shares and a separate bona fide gift of 4,345 shares, both dated August 7, 2026, along with updated indirect holdings by his spouse.
Are any of the Sonoco (SON) CEO’s holdings reported as indirect on this Form 4?
Yes. The filing lists 17,873.7037 Sonoco common shares held indirectly "By Spouse". This entry is a holding line, indicating shares attributed to the reporting person through his spouse.
Were the Sonoco (SON) CEO’s transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan. The aff_10b5_one field is false, indicating the report does not state that these transactions were made pursuant to a Rule 10b5-1 plan.