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Sonoco (NYSE: SON) executive receives new dividend-equivalent RSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sonoco Products Company executive Ernest D. Haynes III received additional dividend-equivalent rights tied to restricted stock units. On the reported date, he acquired 81.9 dividend-equivalent units, each economically equivalent to one share of Sonoco common stock at a reference price of $48.99 per unit.

Following this grant, Haynes holds 923.7 such dividend-equivalent units, which will be settled in connection with his retirement or other termination of service. This is a compensation-related award rather than an open‑market stock purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Haynes Ernest D III
Role Pres. Consumer Pkg Americas
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units 81.9 $48.99 $4K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 923.7 shares (Direct, null)
Footnotes (1)
  1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock 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 units granted 81.9 units Grant on 2026-06-10; each equals one common share
Reference price per unit $48.99 per unit Price associated with 81.9 dividend-equivalent units
Total dividend-equivalent units after grant 923.7 units Holdings following the transaction
Underlying common stock shares 81.9 shares Underlying common stock equivalent for new units
Dividend equivalents on Restricted Stock Units financial
"Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share"
economic equivalent financial
"is the economic equivalent of one share of Sonoco Products Company common stock"
Restricted Stock financial
"dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement"
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.
retirement or other termination of service financial
"will be settled upon the reporting person's retirement or other termination of service"
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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*
Haynes Ernest D III

(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 Americas
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
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)06/10/2026A81.9 (2) (2)Common Stock81.9$48.99923.7D
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 Ernest D. Haynes06/12/2026
** 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)

FAQ

What insider transaction did SON executive Ernest D. Haynes III report?

Ernest D. Haynes III reported acquiring 81.9 dividend-equivalent rights on restricted stock units. These awards are part of his compensation and are economically equivalent to Sonoco common shares, increasing his total dividend-equivalent holdings to 923.7 units.

Is the SON Form 4 for Ernest D. Haynes III a stock purchase or sale?

The Form 4 does not show a stock purchase or sale. It records a compensation-related grant of 81.9 dividend-equivalent units on restricted stock, rather than an open-market transaction, so there is no direct buy or sell of Sonoco common shares.

How many dividend-equivalent units does Ernest D. Haynes III now hold at Sonoco (SON)?

After the latest grant, Ernest D. Haynes III holds 923.7 dividend-equivalent units tied to restricted stock. Each unit is economically equivalent to one Sonoco common share and will be settled when he retires or his service otherwise ends.

What are dividend equivalents on restricted stock units in the SON Form 4?

Dividend equivalents on restricted stock units give the holder rights mirroring dividends on common shares. For Haynes, each dividend-equivalent unit is economically equivalent to one Sonoco common share and is scheduled to settle at retirement or other termination of service.

When will Ernest D. Haynes III’s SON dividend-equivalent awards be settled?

The dividend-equivalent awards are scheduled to be settled upon Ernest D. Haynes III’s retirement or other termination of service. Until then, they operate as deferred compensation linked to Sonoco’s common stock dividend performance.