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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 348.4 | $48.43 | $17K |
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
economic equivalent financial
directors' deferred compensation plan financial
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.?
How many Phantom Stock Units does the Sonoco (SON) director hold after this transaction?
What are Phantom Stock Units in the Sonoco (SON) Form 4 filing?
Why did the Sonoco (SON) director receive 348.4 Phantom Stock Units?
When will the Phantom Stock Units for the Sonoco (SON) director be settled?
Was the Sonoco (SON) insider award made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.