STOCK TITAN

Sonoco (SON) director adds 288 phantom stock units via deferred plan

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

Rhea-AI Filing Summary

Kyle Richard G reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Richard G. Kyle received 288 Phantom Stock Units, each economically equivalent to one share of Sonoco common stock. These units were credited at a value of $53.29 per unit under the company’s directors' deferred compensation plan.

Following this grant, Kyle holds a total of 29,248.9 Phantom Stock Units, which track the value of Sonoco common stock. The units will be settled in accordance with the plan when he retires or otherwise leaves board service, aligning part of his compensation with long-term shareholder outcomes.

Positive

  • None.

Negative

  • None.
Insider Kyle Richard G
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 288 $53.29 $15K
Holdings After Transaction: Phantom Stock Units — 29,248.9 shares (Direct)
Footnotes (1)
  1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. 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.
SEC Form 4
FORM 4 UNITED 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*
Kyle Richard G

(Last) (First) (Middle)
ONE NORTH SECOND ST
P O BOX 160

(Street)
HARTSVILLE SC 29551-0160

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (1) 03/10/2026 A 288 (2) (2) Common Stock 288 $53.29 29,248.9 D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. 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.
By: Elizabeth R. Kremer - Power of Attorney for Richard G. Kyle 03/11/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Sonoco Products (SON) director Richard G. Kyle report?

Richard G. Kyle received 288 Phantom Stock Units as part of his director compensation. Each unit is economically equivalent to one Sonoco common share, increasing his total Phantom Stock Units to 29,248.9 under the deferred compensation plan.

What are Phantom Stock Units in the Sonoco Products (SON) director plan?

Phantom Stock Units are bookkeeping entries that mirror Sonoco’s common stock value. Each unit equals one share economically, allowing directors to defer compensation and participate in share price changes without immediate share issuance or voting rights.

At what value were the new Sonoco (SON) Phantom Stock Units credited to the director?

The 288 Phantom Stock Units were credited at $53.29 per unit. This value sets the economic basis for the grant under Sonoco’s directors' deferred compensation plan, tying the award’s future value to movements in the common stock price.

How many Sonoco (SON) Phantom Stock Units does the director hold after this grant?

After receiving 288 additional Phantom Stock Units, Richard G. Kyle holds 29,248.9 units in total. These units represent deferred director compensation that tracks Sonoco’s common stock performance and will be settled after his board service ends.

When will Sonoco (SON) settle the director’s Phantom Stock Units?

The Phantom Stock Units will be settled upon the director’s retirement or other termination of service. Settlement timing follows Sonoco’s directors' deferred compensation plan, aligning payout with the end of the director’s board tenure rather than current service.

How were the new Sonoco (SON) Phantom Stock Units for the director acquired?

The 288 Phantom Stock Units were acquired in connection with a quarterly dividend under Sonoco’s directors' deferred compensation plan. Instead of a cash payout, compensation was credited in units linked to Sonoco’s common stock value.
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5.41B
97.49M
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United States
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