Sonoco Products (SON) director reports 817 phantom stock units under deferred plan
Rhea-AI Filing Summary
Sonoco Products Company director reports phantom stock award tied to common shares. On 01/02/2026, a company director acquired 817 phantom stock units at a reference price of $44.37 per unit, each unit being the economic equivalent of one share of Sonoco Products Company common stock. After this transaction, the director beneficially owns 27,755.3 derivative securities in the form of phantom stock units, held directly. The units were accrued under the company’s directors deferred compensation plan and will be settled in Sonoco common stock six months after the director’s retirement.
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FAQ
What insider transaction did Sonoco Products (SON) report on this Form 4?
A Sonoco Products Company director reported acquiring 817 phantom stock units on 01/02/2026 under the company’s directors deferred compensation plan.
What are the phantom stock units reported by the Sonoco Products (SON) director?
Each phantom stock unit is the economic equivalent of one share of Sonoco Products Company common stock, credited under a deferred compensation plan.
When will the Sonoco Products (SON) phantom stock units be settled?
The phantom stock units are to be settled in Sonoco Products Company common stock six months after the reporting person’s retirement.
How many Sonoco Products (SON) derivative securities does the director own after this transaction?
Following the reported acquisition, the director beneficially owns 27,755.3 phantom stock units, held in a direct ownership form.
What was the reference price used for the Sonoco Products (SON) phantom stock units?
The Form 4 shows the 817 phantom stock units with a price of $44.37 per unit.
What is the relationship of the reporting person to Sonoco Products (SON)?
The reporting person is identified as a Director of Sonoco Products Company on the Form 4.