Sonoco Products (SON) officer awarded 283.9 dividend equivalents on restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harrell James A. III
Role
Pres. Global Ind. Paper Pkg.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units | 283.9 | $41.93 | $12K |
Holdings After Transaction:
Dividend Equivalents on Restricted Stock Units — 7,853.4 shares (Direct)
Footnotes (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.
FAQ
What insider transaction did Sonoco Products (SON) report for James A. Harrell III?
The company reported that officer James A. Harrell III acquired 283.9 dividend equivalents on restricted stock units on 12/12/2025 as part of his equity compensation.
What are the terms of the dividend equivalents reported by Sonoco Products (SON)?
Each dividend equivalent on restricted stock units is the economic equivalent of one share of Sonoco common stock and is tied to quarterly dividend accruals on restricted stock.
When will the Sonoco Products (SON) dividend equivalents for James A. Harrell III be settled?
The filing states that the dividend equivalent rights on restricted stock will be settled upon the reporting person's retirement or other termination of service.
How many derivative securities does the Sonoco Products (SON) officer own after this transaction?
Following the reported transaction, 7,853.4 dividend equivalent derivative securities linked to Sonoco common stock are shown as beneficially owned directly.
Was this Sonoco Products (SON) insider transaction an acquisition or a sale?
The transaction is coded as an acquisition (A) of 283.9 dividend equivalents on restricted stock units, not a sale of Sonoco common stock.
What price is associated with the Sonoco Products (SON) dividend equivalent transaction?
The derivative transaction references a price of $41.93 per underlying Sonoco common share for the 283.9 dividend equivalents on restricted stock units.