Sonoco director granted 316.2 phantom stock units
Guillemot Philippe reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Guillemot Philippe reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products director Philippe Guillemot received a grant of 316.2 Phantom Stock Units on a quarterly dividend credited under the directors' deferred compensation plan. Each unit is economically equivalent to one share of common stock, bringing his phantom stock holdings to 29,004.7 units, to be settled at retirement or other termination of service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 316.2 | $48.99 | $15K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Key Terms
Phantom Stock Units financial
directors' deferred compensation plan financial
economic equivalent financial
retirement or other termination of service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sonoco (SON) director Philippe Guillemot report?
What are Phantom Stock Units in the Sonoco (SON) Form 4 filing?
How many Phantom Stock Units does Philippe Guillemot hold after this Sonoco (SON) grant?
When will Philippe Guillemot’s Sonoco (SON) Phantom Stock Units be settled?
How were the new Sonoco (SON) Phantom Stock Units for Philippe Guillemot acquired?
AI-generated analysis. How Rhea-AI works. Not financial advice.