Sonoco (SON) director John R. Haley reports 895.7 new phantom stock units
Rhea-AI Filing Summary
Sonoco Products Company director reports phantom stock award
John R. Haley, a director of Sonoco Products Company, reported acquiring 895.7 phantom stock units on December 10, 2025 under the company’s directors’ deferred compensation plan. Each phantom stock unit is the economic equivalent of one share of Sonoco common stock and is designed to mirror the value of the underlying stock without issuing actual shares.
Following this transaction at a reference price of $41.93 per unit, Haley beneficially owns 78,878.5 phantom stock units. The units acquired through a quarterly dividend credit will be settled in Sonoco common stock when he retires or otherwise leaves board service, aligning his deferred compensation value with future company performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 895.7 | $41.93 | $38K |
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.
FAQ
What insider transaction did SON director John R. Haley report?
How many Sonoco (SON) phantom stock units does John R. Haley now hold?
What is a phantom stock unit in the Sonoco (SON) directors’ plan?
How and when will John R. Haley’s Sonoco phantom stock units be settled?
At what reference price were the new Sonoco phantom stock units credited?
Why did Sonoco (SON) director John R. Haley receive additional phantom stock units?
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