Sonoco (NYSE: SON) HR chief exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sonoco Products Chief Human Resources Officer Andrea B. White reported RSU conversions into common stock and related tax-share withholdings. On February 21, 2026, 2,310 restricted stock units were converted into common stock, and 702 common shares were disposed of to satisfy tax obligations at $56.45 per share, leaving 6,337 directly held common shares.
On February 20, 2026, 787 restricted stock units were converted into common stock, with 239 common shares withheld for taxes at $56.45 per share, resulting in 4,729 directly held common shares after that transaction. White also reports indirect ownership of 620 common shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,097 shares exercised/converted
Mixed
7 txns
Insider
White Andrea B.
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,310 | $56.45 | $130K |
| Exercise | Common Stock | 2,310 | $0.00 | -- |
| Tax Withholding | Common Stock | 702 | $56.45 | $40K |
| Exercise | Restricted Stock Units | 787 | $56.45 | $44K |
| Exercise | Common Stock | 787 | $0.00 | -- |
| Tax Withholding | Common Stock | 239 | $56.45 | $13K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,692 shares (Direct);
Common Stock — 7,039 shares (Direct);
Common Stock — 620 shares (Indirect, by 401k plan)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
FAQ
What did Sonoco (SON) executive Andrea B. White report in this Form 4?
Andrea B. White reported conversions of restricted stock units into Sonoco common stock and related tax-share withholdings on February 20 and 21, 2026. These transactions increased her direct holdings while using a portion of new shares to cover tax obligations.
How many Sonoco restricted stock units did Andrea B. White convert?
Andrea B. White converted 2,310 restricted stock units on February 21, 2026, and 787 restricted stock units on February 20, 2026. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock upon vesting and settlement.
How do Sonoco restricted stock units work for Andrea B. White?
Each restricted stock unit represents a contingent right to receive one Sonoco common share. The units vest beginning one year from the grant date, in three annual installments of 33%, 33%, and 34%, after which they can be converted into common stock as reported here.