Sonoco (NYSE: SON) VP receives stock awards and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sonoco Products Company executive Adam Wood reported equity awards and related tax withholding transactions. On February 19, 2026, he received grants of 1,924 Restricted Stock Units and 359 Restricted Stock Units II, each representing a right to one common share, plus 1,216 shares of common stock at $43.64 per share.
The filing also shows a disposition of 572 common shares at $43.64 per share to cover tax obligations. Certain restricted stock units vest beginning one year from grant in three annual installments of 33%, 33%, and 34%, and some vested shares are scheduled to be paid six months after retirement or termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Wood Adam
Role
VP Paper Products Europe
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,924 | $0.00 | -- |
| Grant/Award | Restricted Stock Units II | 359 | $0.00 | -- |
| Grant/Award | Common Stock | 1,216 | $43.64 | $53K |
| Tax Withholding | Common Stock | 572 | $43.64 | $25K |
Holdings After Transaction:
Restricted Stock Units — 1,924 shares (Direct);
Restricted Stock Units II — 3,282.1 shares (Direct);
Common Stock — 34,105 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%. The restricted stock units vest on 07/08/2023 and defer. Vested shares will be paid to the reporting person six months following retirement or termination of service. Vested shares will be paid to the reporting person six months following retirement or termination of service.
FAQ
What did Sonoco (SON) executive Adam Wood report in this Form 4?
Adam Wood reported equity compensation transactions, including grants of restricted stock units and common shares, plus a share disposition for taxes. These entries reflect stock-based compensation awards rather than open-market buying or selling activity in Sonoco Products Company common stock.
How many restricted stock units did Adam Wood receive from Sonoco (SON)?
Adam Wood received 1,924 Restricted Stock Units and 359 Restricted Stock Units II. Each unit represents a contingent right to receive one share of Sonoco Products Company common stock, subject to vesting and payment conditions described in the Form 4 footnotes.
What common stock transactions did Adam Wood report for Sonoco (SON)?
He reported an award acquisition of 1,216 shares of Sonoco common stock at $43.64 per share and a separate disposition of 572 shares at the same price. The disposition is identified as covering tax obligations via share withholding.
How do the Sonoco (SON) restricted stock units for Adam Wood vest and pay out?
Some restricted stock units vest beginning one year from grant in three annual installments of 33%, 33% and 34%. Certain vested shares are scheduled to be paid to Adam Wood six months after retirement or termination of service, according to the disclosed terms.
What is the nature of Adam Wood’s ownership of the Sonoco (SON) securities reported?
All reported holdings are listed as directly owned by Adam Wood. The transactions cover restricted stock units and common stock awards, and there are no footnotes indicating indirect ownership through entities or a disclaimer of beneficial ownership.