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Sonoco director awarded 124 phantom stock units

Director Steven L. Boyd received additional phantom stock units under Sonoco’s deferred compensation plan, increasing his deferred equity-based holdings.

(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. Boyd Steven L reported acquisition or exercise transactions in this Form 4 filing.

SONOCO PRODUCTS CO (SON) reported that director Steven L. Boyd received an award of 124 Phantom Stock Units on September 10, 2026. Each unit is the economic equivalent of one share of Sonoco common stock, valued at $48.43 per unit on the award date, and resulted in 11,245.8 Phantom Stock Units held directly after the transaction. The units were credited as part of a quarterly dividend under the directors' deferred compensation plan and will be settled in common stock upon Mr. Boyd's retirement or other termination of service. No Rule 10b5-1 trading plan is reported.

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Insider Boyd Steven L
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units F1, F2 124 $48.43 $6K
Holdings After Transaction: Phantom Stock Units — 11,245.8 contracts (Direct)
Footnotes (2)
  1. F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
  2. 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.
Phantom Stock Units awarded 124 units Award to director Steven L. Boyd on September 10, 2026
Award value per Phantom Stock Unit $48.43 per unit Economic equivalent of one share of Sonoco common stock on award date
Total Phantom Stock Units after award 11,245.8 units Director Steven L. Boyd’s holdings following the reported transaction
Underlying common stock equivalence 1 share per unit Each Phantom Stock Unit equals one share of Sonoco common stock
Phantom Stock Units financial
"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
directors' deferred compensation plan financial
"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."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sonoco Products (SON) disclose about Steven L. Boyd’s latest equity award?

Sonoco disclosed that director Steven L. Boyd received an award of 124 Phantom Stock Units on September 10, 2026, credited under the directors' deferred compensation plan and economically equivalent to common shares.

How many Phantom Stock Units does Steven L. Boyd hold in SON after this Form 4 transaction?

After the September 10, 2026 award, Steven L. Boyd holds 11,245.8 Phantom Stock Units tied to Sonoco Products common stock, according to the Form 4 filing.

What is the economic value basis of the Phantom Stock Units granted to the SON director?

Each Phantom Stock Unit granted to the Sonoco director on September 10, 2026 is economically equivalent to one share of Sonoco common stock and was valued at $48.43 per unit on the award date.

When will Steven L. Boyd’s Phantom Stock Units in Sonoco (SON) be settled?

The Phantom Stock Units credited to Steven L. Boyd under Sonoco’s directors' deferred compensation plan will be settled upon his retirement or other termination of service, consistent with the plan terms described.

Were Steven L. Boyd’s SON Phantom Stock Unit awards made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported in connection with the September 10, 2026 Phantom Stock Unit award to Steven L. Boyd.

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*
Boyd Steven L

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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
Phantom Stock Units(1)09/10/2026A124 (2) (2)Common Stock124$48.4311,245.8D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. 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.
By:Elizabeth R Kremer - Power of Attorney for Steven L Boyd09/14/2026
** 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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