Sonoco (NYSE: SON) counsel exercises RSUs, withholds shares to cover taxes
Rhea-AI Filing Summary
Sonoco Products Co executive John M. Florence reported derivative and stock transactions related to equity awards. On February 13, 2026, he exercised 74 Restricted Stock Units at $51.67 per unit, converting them into 74 shares of common stock held directly.
On the same date, 74 common shares were disposed of in a tax-withholding transaction at $51.67 per share to cover obligations arising from the award, leaving 7,052 common shares held directly. He also reports 22.9274 common shares held indirectly by his spouse. A footnote states the restricted stock units vest 33%, 33%, 34% annually beginning one year from grant, with vested shares paid six months after retirement or termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 74 | $51.67 | $4K |
| Exercise | Common Stock | 74 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 74 | $51.67 | $4K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The restricted stock units vest 33%, 33%, 34% per year beginning one year from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.
FAQ
What insider transactions did SON executive John M. Florence report?
Did John M. Florence of SON buy or sell Sonoco common stock on the market?
What were the prices involved in John M. Florence’s SON equity transactions?
How do the restricted stock units for SON’s John M. Florence vest and pay out?
What type of disposition did John M. Florence report for his SON common stock?
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