Sonoco Products Company (SON) director reports 1,126.9 phantom stock units
Rhea-AI Filing Summary
Sonoco Products Company director Scott Clark reported acquiring phantom stock units linked to the company’s common stock. On 01/02/2026, he acquired 1,126.9 phantom stock units, each economically equivalent to one share of Sonoco Products Company common stock at a price of $44.37. Following this transaction, he beneficially owned 1,126.9 derivative securities in direct ownership form. The units were accrued under the company’s directors deferred compensation plan and will be settled in Sonoco Products Company common stock six months after his retirement.
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FAQ
What insider transaction did Sonoco Products Company (SON) report for Scott Clark?
Scott Clark, a director of Sonoco Products Company, reported acquiring 1,126.9 phantom stock units on 01/02/2026, each tied to one share of common stock.
What are the phantom stock units reported in the Sonoco (SON) Form 4?
The phantom stock units are derivative securities where each unit is the economic equivalent of one share of Sonoco Products Company common stock.
Under what plan were the Sonoco (SON) phantom stock units accrued?
The 1,126.9 phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan.
When will Scott Clark’s Sonoco (SON) phantom stock units be settled?
The phantom stock units are to be settled in Sonoco Products Company common stock six months after Scott Clark’s retirement.
What was the reference price for the Sonoco (SON) phantom stock units acquired?
The phantom stock units acquired on 01/02/2026 are shown with a price of $44.37 per unit.
How many derivative securities does Scott Clark own after this Sonoco (SON) transaction?
After the reported transaction, Scott Clark beneficially owned 1,126.9 derivative securities (phantom stock units), held in direct ownership form.