Sonoco (NYSE: SON) director awarded 657 Phantom Stock Units in deferred plan

Rhea-AI Filing Summary

MCGARVIE BLYTHE J reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Blythe J. McGarvie received a grant of 657.1 Phantom Stock Units on Sonoco common stock, valued at $55.17 per unit. These units are the economic equivalent of common shares and were accrued under the directors deferred compensation plan.

After this grant, McGarvie holds 33,569 Phantom Stock Units. The units are scheduled to be settled in Sonoco common stock six months after the director’s retirement, aligning this compensation with long-term company performance rather than immediate market trading.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MCGARVIE BLYTHE J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	657.1	$55.17	$36K

Holdings After Transaction: Phantom Stock Units — 33,569 shares (Direct)

Footnotes (1)

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

Key Figures

Phantom Stock Units granted: 657.1 units Grant reference price: $55.17 per unit Total Phantom Stock Units after grant: 33,569 units +1 more

4 metrics

Phantom Stock Units granted 657.1 units Grant on 2026-04-01 to director Blythe J. McGarvie

Grant reference price $55.17 per unit Reported transaction price for Phantom Stock Units

Total Phantom Stock Units after grant 33,569 units Director’s phantom stock balance following this transaction

Underlying common stock equivalence 1 share per unit Each Phantom Stock Unit equals one Sonoco common share economically

Key Terms

Phantom Stock Units, directors deferred compensation plan, economic equivalent, settled in ... common stock

4 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units" and footnote on economic equivalent of common stock"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

directors deferred compensation plan financial

"phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan"

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock"

settled in ... common stock financial

"to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement"

Form 4 Insider Transactions: What Each Field Means →

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^*

MCGARVIE BLYTHE J

(Last) (First) (Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE SOUTH CAROLINA 29551-0160

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	04/01/2026		A		657.1		(2)	(2)	Common Stock	657.1	$55.17	33,569	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

	By: Elizabeth R. Kremer - Power of Attorney for Blythe J. McGarvie	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sonoco (SON) director Blythe J. McGarvie report in this Form 4?

Blythe J. McGarvie reported receiving 657.1 Phantom Stock Units tied to Sonoco common stock. The units were granted under the directors deferred compensation plan and increase her total phantom stock holdings to 33,569 units, aligning compensation with Sonoco’s long-term share performance.

How many Phantom Stock Units did Sonoco (SON) grant to the director?

The director received 657.1 Phantom Stock Units linked to Sonoco common stock. Each unit is economically equivalent to one common share, providing stock-based compensation without immediate share issuance and contributing to a larger deferred equity position for the director over time.

At what reference price were the Sonoco (SON) Phantom Stock Units recorded?

The 657.1 Phantom Stock Units were recorded at a reference price of $55.17 per unit. This price is used for reporting purposes in the Form 4 and helps quantify the value of the director’s new deferred stock-based compensation award on the transaction date.

What is the total Phantom Stock Units position held after this Sonoco (SON) grant?

Following the grant, the director’s total Phantom Stock Units position is 33,569 units. Each unit represents the economic equivalent of one share of Sonoco common stock, giving the director substantial deferred equity exposure that tracks the company’s share performance over time.

When will the Sonoco (SON) Phantom Stock Units be settled into common stock?

The Phantom Stock Units are scheduled to be settled in Sonoco common stock six months after the director’s retirement. This settlement timing comes from the company’s directors deferred compensation plan, encouraging a long-term view by delaying conversion into actual shares until after board service ends.

What does a Phantom Stock Unit mean for Sonoco (SON) shareholders?

A Phantom Stock Unit is an economic equivalent of one Sonoco common share used for deferred compensation. It aligns directors’ financial interests with shareholders, because the value tracks the stock price, but shares are not issued until a later settlement date after retirement.