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Sonoco (NYSE: SON) CHRO awarded 50.8 dividend-equivalent restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

White Andrea B. reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company Chief Human Resources Officer Andrea B. White reported a compensation-related award of 50.8 dividend equivalents on restricted stock units on common stock. Each dividend equivalent is economically equal to one share of Sonoco common stock.

After this grant, White holds a total of 151.1 dividend-equivalent restricted stock units. According to the disclosure, these quarterly dividend equivalent rights will be settled in connection with retirement or another termination of service, rather than as immediate cash or share transactions.

Positive

  • None.

Negative

  • None.
Insider White Andrea B.
Role Chief Human Resources Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units 50.8 $48.99 $2K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 151.1 shares (Direct, null)
Footnotes (1)
  1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Dividend-equivalent RSUs granted 50.8 units Grant on dividend equivalents on restricted stock units
Price reference per unit $48.99 per unit Reported transaction price for dividend equivalents
Total dividend-equivalent RSUs after grant 151.1 units Holdings following reported transaction
Conversion or exercise price $0.00 Conversion/exercise price for the derivative award
Dividend equivalents on Restricted Stock units financial
"Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share"
economic equivalent financial
"is the economic equivalent of one share of Sonoco Products Company common stock"
quarterly dividend equivalent rights financial
"Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled"
retirement or other termination of service financial
"which will be settled upon the reporting person's retirement or other termination of service"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
White Andrea B.
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Human Resources Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalents on Restricted Stock Units$0.0000(1)06/10/2026A50.8 (2) (2)Common Stock50.8$48.99151.1D
Explanation of Responses:
1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
By: Elizabeth R. Kremer-Power of Attorney for Andrea White06/12/2026
** Signature of Reporting PersonDate
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) disclose in Andrea B. White’s latest Form 4?

Sonoco reported that Chief Human Resources Officer Andrea B. White received 50.8 dividend equivalents on restricted stock units. These awards are tied to Sonoco common stock and represent routine, compensation-related accruals rather than open-market purchases or sales.

How many dividend-equivalent restricted stock units does Sonoco’s CHRO now hold?

Following the reported transaction, Sonoco’s Chief Human Resources Officer Andrea B. White holds 151.1 dividend-equivalent restricted stock units. This total reflects the newly granted 50.8 units added to her prior holdings as part of ongoing equity-based compensation.

Are Andrea B. White’s dividend equivalents equivalent to Sonoco (SON) common shares?

Each dividend equivalent reported for Andrea B. White is economically equivalent to one share of Sonoco common stock. They track the value and dividends of the stock but are structured as restricted stock unit-based rights rather than currently issued common shares.

When will the Sonoco CHRO’s dividend-equivalent restricted stock units be settled?

The filing states that the quarterly dividend equivalent rights on restricted stock will be settled upon Andrea B. White’s retirement or other termination of service. This means settlement is deferred and not an immediate cash or share transaction event.

Was the Sonoco CHRO’s Form 4 transaction an open-market buy or sell?

No. The Form 4 shows a grant coded as an acquisition of derivative securities, specifically dividend equivalents on restricted stock units. It is a compensation-related award, not an open-market purchase or sale of Sonoco common shares.