Sonoco (SON) director awarded 657 Phantom Stock Units under deferred plan

Q: What did Sonoco (SON) director Thomas E. Whiddon report in this Form 4?

Thomas E. Whiddon reported receiving 657.1 Phantom Stock Units tied to Sonoco common stock. The grant reflects deferred director compensation, not an open-market purchase or sale, and increases his total phantom unit holdings to 68,302.9 units after the transaction.

Q: How many Sonoco (SON) Phantom Stock Units does Thomas E. Whiddon hold after this grant?

After the grant, Thomas E. Whiddon holds a total of 68,302.9 Phantom Stock Units . These units accumulate as part of his director compensation and are scheduled to convert into Sonoco common stock six months after he retires from the board of directors.

Q: Does this Sonoco (SON) Form 4 show an insider buying or selling stock on the market?

No, the Form 4 reflects a grant of Phantom Stock Units as deferred director compensation, not a market trade. The transaction is classified as a grant or award acquisition and does not represent open-market buying or selling of Sonoco common shares.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WHIDDON THOMAS E reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products director Thomas E. Whiddon received a grant of 657.1 Phantom Stock Units on April 1, 2026. Each phantom unit is the economic equivalent of one share of Sonoco common stock and tracks the value of the company’s shares.

The units were accrued under Sonoco’s directors deferred compensation plan at an implied value of $55.17 per unit. After this award, Whiddon holds a total of 68,302.9 Phantom Stock Units, which are scheduled to be settled in Sonoco common stock six months after his retirement.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WHIDDON THOMAS E

Role Director

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

Holdings After Transaction: Phantom Stock Units — 68,302.9 shares (Direct)

Footnotes (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 units granted: 657.1 units Implied unit value: $55.17 per unit Total phantom units after grant: 68,302.9 units +2 more

5 metrics

Phantom units granted 657.1 units Grant of Phantom Stock Units on April 1, 2026

Implied unit value $55.17 per unit Credit price for Phantom Stock Units grant

Total phantom units after grant 68,302.9 units Holdings following reported transaction

Underlying common stock equivalence 657.1 shares Each Phantom Stock Unit equals one common share economically

Settlement timing 6 months after retirement Phantom units convert to common stock after retirement

Key Terms

Phantom Stock Units, directors deferred compensation plan, economic equivalent

3 terms

Phantom Stock Units financial

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

"The 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."

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 05:04 PM

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^*

WHIDDON THOMAS E

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	04/01/2026		A		657.1		⁽²⁾	⁽²⁾	Common Stock	657.1	$55.17	68,302.9	D

Explanation of Responses:

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

2. 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 Thomas E. Whiddon	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco (SON) director Thomas E. Whiddon report in this Form 4?

Thomas E. Whiddon reported receiving 657.1 Phantom Stock Units tied to Sonoco common stock. The grant reflects deferred director compensation, not an open-market purchase or sale, and increases his total phantom unit holdings to 68,302.9 units after the transaction.

Are the Phantom Stock Units in Sonoco (SON) a cash or stock award?

The Phantom Stock Units are an equity-linked award economically equivalent to one Sonoco common share each. They are accrued under the directors deferred compensation plan and will be settled in actual Sonoco common stock six months after the director’s retirement from the board.

What was the implied value of the Sonoco (SON) Phantom Stock Units granted?

The 657.1 Phantom Stock Units were credited at an implied value of $55.17 per unit. This value is used for bookkeeping under the deferred compensation plan, with each unit tracking the value of one share of Sonoco Products Company common stock over time.

How many Sonoco (SON) Phantom Stock Units does Thomas E. Whiddon hold after this grant?

After the grant, Thomas E. Whiddon holds a total of 68,302.9 Phantom Stock Units. These units accumulate as part of his director compensation and are scheduled to convert into Sonoco common stock six months after he retires from the board of directors.

Does this Sonoco (SON) Form 4 show an insider buying or selling stock on the market?

No, the Form 4 reflects a grant of Phantom Stock Units as deferred director compensation, not a market trade. The transaction is classified as a grant or award acquisition and does not represent open-market buying or selling of Sonoco common shares.

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

The Phantom Stock Units will be settled in Sonoco Products Company common stock six months after Thomas E. Whiddon’s retirement. Until then, they remain bookkeeping entries that mimic the economic value of Sonoco common shares under the deferred compensation plan.