Director at Sonoco (NYSE: SON) receives phantom stock tied to shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kyle Richard G reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Richard G. Kyle received a grant of phantom stock units as part of his deferred compensation. The filing reports an award of 329.6 phantom stock units, each economically equivalent to one share of Sonoco common stock at a reference price of $48.99.

The units were credited in connection with a quarterly dividend under Sonoco's directors' deferred compensation plan and will be settled in the future when Kyle retires or otherwise leaves board service. Following this grant, he holds a total of 30,235.6 phantom stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kyle Richard G

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	329.6	$48.99	$16K

Holdings After Transaction: Phantom Stock Units — 30,235.6 shares (Direct, null)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. 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

Phantom stock units granted: 329.6 units Reference price per phantom unit: $48.99 per unit Total phantom units after grant: 30,235.6 units +1 more

4 metrics

Phantom stock units granted 329.6 units Grant/award acquisition on 2026-06-10

Reference price per phantom unit $48.99 per unit Economic equivalent to common stock

Total phantom units after grant 30,235.6 units Holdings following transaction

Conversion/exercise price $0.00 Phantom stock units under deferred plan

Key Terms

Phantom Stock Units, directors' deferred compensation plan, Common Stock

3 terms

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.

directors' deferred compensation plan financial

"Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement"

Common Stock financial

"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 07:26 PM

SEC Form 4

FORM 4

UNITED 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^*

Kyle Richard G

(Last)

(First)

(Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE

SOUTH CAROLINA

29551-0160

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	06/10/2026		A		329.6		⁽²⁾	⁽²⁾	Common Stock	329.6	$48.99	30,235.6	D

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 Richard G. Kyle	06/12/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco (SON) director Richard G. Kyle report in this Form 4?

He reported receiving 329.6 phantom stock units tied to Sonoco common stock. The units were credited under the directors’ deferred compensation plan and increase his total phantom holdings to 30,235.6 units, to be settled after retirement or service termination.

What are the key details of the phantom stock grant to the Sonoco (SON) director?

The grant covers 329.6 phantom stock units at a reference price of $48.99 per unit. Each phantom unit is economically equivalent to one Sonoco common share and will be settled when the director retires or otherwise leaves the board.

How many phantom stock units does the Sonoco (SON) director hold after this transaction?

After this acquisition, Richard G. Kyle holds 30,235.6 phantom stock units directly. These units mirror the value of Sonoco common stock and are part of the company’s directors’ deferred compensation plan, to be settled upon retirement or service termination.

Why did the Sonoco (SON) director receive additional phantom stock units?

The 329.6 phantom stock units were acquired in connection with a quarterly dividend under Sonoco’s directors’ deferred compensation plan. This mechanism credits phantom units instead of cash, deferring compensation until the director retires or otherwise ends board service.

How do Sonoco (SON) phantom stock units relate to common stock value?

Each phantom stock unit is the economic equivalent of one Sonoco common share. Their value tracks the company’s common stock, but they are settled in the future under the deferred compensation plan rather than being immediately tradable shares.