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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 124 | $48.43 | $6K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- 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.
Key Figures
Key Terms
Phantom Stock Units financial
directors' deferred compensation plan financial
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?
How many Phantom Stock Units does Steven L. Boyd hold in SON after this Form 4 transaction?
What is the economic value basis of the Phantom Stock Units granted to the SON director?
When will Steven L. Boyd’s Phantom Stock Units in Sonoco (SON) be settled?
Were Steven L. Boyd’s SON Phantom Stock Unit awards made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.