Sonoco Products (NYSE: SON) director reports 330.3 new phantom stock units
Rhea-AI Filing Summary
Sonoco Products Company reported an insider equity update as a director filed a Form 4 for phantom stock units. On 12/10/2025, the reporting person acquired 330.3 phantom stock units, each economically equivalent to one share of Sonoco Products Company common stock. These units were credited as a quarterly dividend under the company’s directors' deferred compensation plan and will be settled when the director retires or otherwise leaves the board. Following this transaction, the director beneficially owns 26,465.8 phantom stock units, held directly.
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FAQ
What insider transaction did Sonoco Products (SON) report in this Form 4?
The filing reports that a director acquired 330.3 phantom stock units on 12/10/2025 under Sonoco Products Company's directors' deferred compensation plan.
What are the phantom stock units reported by Sonoco Products (SON)?
Each phantom stock unit is described as the economic equivalent of one share of Sonoco Products Company common stock, tracking its value for compensation purposes.
How were the 330.3 phantom stock units for Sonoco Products (SON) acquired?
The 330.3 phantom stock units were acquired as a quarterly dividend credited to the director's account in Sonoco Products Company's directors' deferred compensation plan.
When will the Sonoco Products (SON) phantom stock units be settled?
The phantom stock units will be settled upon the reporting person's retirement or other termination of service as a director of Sonoco Products Company.
How many Sonoco Products (SON) phantom stock units does the director now hold?
After the reported transaction, the director beneficially owns 26,465.8 phantom stock units, held in a direct ownership form.
Does this Sonoco Products (SON) Form 4 involve common stock directly?
The Form 4 involves phantom stock units listed as derivative securities. Each unit is economically equivalent to one share of Sonoco Products Company's common stock.