Sonoco director Kyle acquires 747.4 stock-linked units
The units are to be settled in Sonoco common stock six months after the director's retirement.
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Rhea-AI Filing Summary
Sonoco Products Co. (SON) director Richard G. Kyle acquired 747.4 phantom stock units on October 1, 2026, bringing his reported direct position to 31,973 units. The transaction lists a per-share price of $48.50. Each unit is the economic equivalent of one Sonoco common share. The units accrued under the directors deferred compensation plan are to be settled in Sonoco common stock six months after his retirement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 747.4 | $48.50 | $36K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.
Key Figures
Key Terms
phantom stock financial
directors deferred compensation plan financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many phantom stock units did SON director Richard G. Kyle acquire?
When will Richard G. Kyle's SON phantom stock units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.