STOCK TITAN

Sonoco (SON) CFO receives additional dividend equivalent units as deferred pay

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

Rhea-AI Filing Summary

Sonoco Products CFO Paul Joachimczyk reported a routine compensation-related transaction involving dividend equivalents on restricted stock units. He acquired 29.6 dividend equivalent units on June 10, 2026, each economically equivalent to one share of Sonoco common stock, bringing his total derivative holdings of this type to 111.9 units.

These dividend equivalent rights were acquired as quarterly dividend equivalents on restricted stock and will be settled in connection with his retirement or other termination of service, rather than as an immediate cash or stock transaction in the market.

Positive

  • None.

Negative

  • None.
Insider Joachimczyk Paul
Role CFO
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units 29.6 $48.99 $1K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 111.9 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 units acquired 29.6 units Grant on June 10, 2026
Total dividend equivalent units after grant 111.9 units Holdings following June 10, 2026 transaction
Reference price per unit $48.99 per unit Transaction price per share field
Underlying common shares for new units 29.6 shares Underlying Sonoco common stock equivalent
Dividend Equivalents on Restricted Stock Units financial
"security_title: "Dividend Equivalents on Restricted Stock Units""
economic equivalent financial
"Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share"
restricted stock financial
"Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon retirement"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
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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*
Joachimczyk Paul

(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)
CFO
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)06/10/2026A29.6 (2) (2)Common Stock29.6$48.99111.9D
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 Paul Joachimczyk06/12/2026
** 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)

FAQ

What insider transaction did Sonoco (SON) CFO Paul Joachimczyk report?

Sonoco CFO Paul Joachimczyk reported receiving 29.6 dividend equivalents on restricted stock units. These units are part of his compensation and are economically equivalent to Sonoco common shares, increasing his total related derivative holdings of this type to 111.9 units.

Are Paul Joachimczyk’s Form 4 transactions in Sonoco (SON) open-market buys or sells?

The reported Form 4 transaction is not an open-market buy or sell. It reflects a grant of dividend equivalents on restricted stock units, categorized as a compensation-related acquisition rather than a discretionary market trade in Sonoco common stock.

How many dividend equivalent units does the Sonoco (SON) CFO now hold?

After the June 10, 2026 transaction, the Sonoco CFO holds 111.9 dividend equivalent units on restricted stock. Each unit is economically equivalent to one share of Sonoco common stock, reflecting accumulated quarterly dividend credits on his restricted stock awards.

What are dividend equivalents on restricted stock units at Sonoco (SON)?

Dividend equivalents on restricted stock units are rights that mirror dividends on Sonoco common stock. For the CFO, 29.6 new units were granted, each equal in economic value to one Sonoco share, and will generally be settled when his service ends.

When will Sonoco (SON) CFO’s dividend equivalent rights be settled?

The dividend equivalent rights will be settled upon the CFO’s retirement or other termination of service. Until then, they represent deferred compensation linked to Sonoco’s common stock dividends, rather than immediately deliverable shares or cash.