Sonoco COO granted stock and RSU awards
Sonoco Products Company Chief Operating Officer Rodger D. Fuller reported equity compensation changes.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Sonoco Products Company Chief Operating Officer Rodger D. Fuller reported equity compensation changes. He received grants of 657 Restricted Stock Units and 9,175 shares of common stock at $43.64 per share as awards. Related dispositions of 24 RSUs and 3,046 common shares were made to cover tax withholding, not as open-market sales. Following these transactions, he directly holds 178,370 shares of common stock and 3,793 RSUs, which represent rights to receive the same number of shares in the future.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units II | 657 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Restricted Stock Units II | 24 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,175 | $43.64 | $400K |
| Exercise Price or Tax Liability | Common Stock | 3,046 | $43.64 | $133K |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2. The restricted stock units vest immediately and deferred. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- F3. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- F4. Each share of Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
- F5. The restricted stock units vest and deferred. Vested shares will be paid to the reporting person six months following retirement or termination of service.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SON COO Rodger D. Fuller report on this Form 4?
Were the Sonoco (SON) insider transactions open-market stock purchases or sales?
What are Restricted Stock Units in this Sonoco (SON) Form 4 filing?
When will the Sonoco (SON) Restricted Stock Units reported by the COO be paid out?
AI-generated analysis. How Rhea-AI works. Not financial advice.