Sonoco (SON) director adds 22.5 phantom stock units via deferred plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sonoco Products director Scott A. Clark received an award of 22.5 Phantom Stock Units, each economically equivalent to one share of Sonoco common stock. These units were acquired as part of a quarterly dividend under the directors' deferred compensation plan and will be settled after his retirement or other termination of service.

Following this grant, Clark holds a total of 2,066.9 Phantom Stock Units directly, providing deferred, stock-linked compensation aligned with Sonoco’s share performance over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Clark Scott A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	22.5	$48.99	$1K

Holdings After Transaction: Phantom Stock Units — 2,066.9 shares (Direct, null)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. 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

Phantom units granted: 22.5 units Total phantom units after grant: 2,066.9 units Reference price per unit: $48.99 per unit +1 more

4 metrics

Phantom units granted 22.5 units Grant on 2026-06-10 under directors' deferred compensation plan

Total phantom units after grant 2,066.9 units Holdings following reported transaction

Reference price per unit $48.99 per unit Transaction price per Phantom Stock Unit

Underlying security 22.5 common shares equivalent Each phantom unit equals one share of common stock

Key Terms

Phantom Stock Units, directors' deferred compensation plan, economic equivalent, settled upon the reporting person's retirement

4 terms

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"

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock."

settled upon the reporting person's retirement financial

"and will be settled upon the reporting person's retirement or other termination of service."

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 06:05 PM

SEC Form 4

FORM 4

UNITED 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^*

Clark Scott A

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	06/10/2026		A		22.5		⁽²⁾	⁽²⁾	Common Stock	22.5	$48.99	2,066.9	D

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 Scott Clark	06/12/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco (SON) director Scott A. Clark report in this Form 4?

Scott A. Clark reported receiving 22.5 Phantom Stock Units tied to Sonoco stock. The units were credited as a quarterly dividend in the directors’ deferred compensation plan and increase his total deferred phantom holdings to 2,066.9 units.

How many Phantom Stock Units does Scott A. Clark now hold at Sonoco (SON)?

After this transaction, Scott A. Clark holds 2,066.9 Phantom Stock Units. These units mirror the value of Sonoco common shares and represent deferred compensation, to be settled when he retires or otherwise leaves board service.

What are Phantom Stock Units in the context of Sonoco (SON)?

Phantom Stock Units are bookkeeping units economically equivalent to Sonoco common shares. They track the share price but typically do not provide current voting rights, and in this case are paid out only when the director retires or ends service.

How were the 22.5 Phantom Stock Units for Sonoco (SON) director Clark acquired?

The 22.5 Phantom Stock Units were acquired as a quarterly dividend under Sonoco’s directors’ deferred compensation plan. Instead of cash, Clark received additional phantom units that increase his deferred, share-linked compensation balance over time.

Does this Sonoco (SON) Form 4 reflect an open-market stock purchase or sale?

No, the Form 4 reflects a grant-type acquisition of Phantom Stock Units, not an open-market trade. The units were credited automatically through the deferred compensation plan’s dividend feature, rather than through buying or selling Sonoco shares in the market.