Sonoco Products (SON) officer awarded 283.9 dividend equivalents on restricted stock units
Rhea-AI Filing Summary
Sonoco Products Company officer James A. Harrell III reported a routine equity-related transaction on 12/12/2025. He acquired 283.9 dividend equivalents on restricted stock units, each economically equivalent to one share of Sonoco common stock, at a reference price of $41.93 per underlying share. These derivative awards increase his total holdings of this type of derivative security to 7,853.4 units, all held directly.
The dividend equivalents accrue quarterly on restricted stock and, according to the disclosure, will be settled when Harrell retires or otherwise terminates his service. This filing reflects ongoing compensation in the form of equity-linked awards rather than an open-market purchase or sale of Sonoco shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units | 283.9 | $41.93 | $12K |
Footnotes (2)
- F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
FAQ
What insider transaction did Sonoco Products (SON) report for James A. Harrell III?
What are the terms of the dividend equivalents reported by Sonoco Products (SON)?
When will the Sonoco Products (SON) dividend equivalents for James A. Harrell III be settled?
How many derivative securities does the Sonoco Products (SON) officer own after this transaction?
Was this Sonoco Products (SON) insider transaction an acquisition or a sale?
What price is associated with the Sonoco Products (SON) dividend equivalent transaction?
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