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Sonoco director awarded 348 phantom stock units

A Sonoco Products Co director received additional phantom stock units as a quarterly deferred compensation dividend, increasing his deferred-equity 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. HILL ROBERT R JR reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Co (SON) reported that director Robert R. Hill Jr. received an award of 348.4 Phantom Stock Units on September 10, 2026. Each unit is the economic equivalent of one share of Sonoco common stock and was credited as a quarterly dividend under the directors’ deferred compensation plan, to be settled upon his retirement or other termination of service. Following this award, Hill holds 31,586.3 Phantom Stock Units directly.

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Insider HILL ROBERT R JR
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units F1, F2 348.4 $48.43 $17K
Holdings After Transaction: Phantom Stock Units — 31,586.3 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 348.4 units Grant to director Robert R. Hill Jr. on September 10, 2026
Reference value per Phantom Stock Unit $48.43 per unit Value used for the September 10, 2026 phantom unit award
Phantom Stock Units held after award 31,586.3 units Director Robert R. Hill Jr.’s direct phantom unit holdings after the transaction
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.
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock."
directors' deferred compensation plan financial
"Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan"

FAQ

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

What insider transaction did Sonoco Products Co (SON) disclose for Robert R. Hill Jr.?

Sonoco disclosed that director Robert R. Hill Jr. received an award of 348.4 Phantom Stock Units on September 10, 2026, as part of a quarterly dividend credited to the directors’ deferred compensation plan.

How many Phantom Stock Units does the Sonoco (SON) director hold after this transaction?

After the September 10, 2026 award, director Robert R. Hill Jr. holds 31,586.3 Phantom Stock Units directly, each economically equivalent to one share of Sonoco Products Company common stock.

What are Phantom Stock Units in the Sonoco (SON) Form 4 filing?

The filing states that each Phantom Stock Unit is the economic equivalent of one share of Sonoco Products Company common stock, credited under the directors’ deferred compensation plan and settled in the future.

Why did the Sonoco (SON) director receive 348.4 Phantom Stock Units?

The 348.4 Phantom Stock Units were acquired as a quarterly dividend on Sonoco Products Company’s directors’ deferred compensation plan, according to the filing footnote.

When will the Phantom Stock Units for the Sonoco (SON) director be settled?

The Phantom Stock Units will be settled upon the reporting person’s retirement or other termination of service, as described in the filing’s footnote.

Was the Sonoco (SON) insider award made under a Rule 10b5-1 trading plan?

The filing indicates that no Rule 10b5-1 trading plan is reported in connection with this award of Phantom Stock Units.

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*
HILL ROBERT R JR

(Last)(First)(Middle)
1 N SECOND ST

(Street)
HARTSVILLE SOUTH CAROLINA 29550

(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)09/10/2026A348.4 (2) (2)Common Stock348.4$48.4331,586.3D
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 Robert R Hill09/14/2026
** 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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