STOCK TITAN

Sonoco (NYSE: SON) interim CFO exercises RSUs, withholds 65 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sonoco Products interim CFO Jerry A. Cheatham reported equity compensation activity involving restricted stock units and common shares. On February 13, 2026, 180 restricted stock units were exercised or converted at an indicated price of $51.67 per share, resulting in the acquisition of 180 shares of common stock.

In connection with this vesting, 65 common shares were disposed of at $51.67 per share to cover tax obligations, a tax-withholding disposition rather than an open-market sale. Following these transactions, Cheatham directly held 3,798 common shares and also had indirect ownership through a 401(k) plan, which held 2,259.39 shares after the reported activity.

Positive

  • None.

Negative

  • None.
Insider Cheatham Jerry A
Role Interim CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 180 $51.67 $9K
Exercise Common Stock 180 $0.00 --
Tax Withholding Common Stock 65 $51.67 $3K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 3,863 shares (Direct); Common Stock — 2,259.39 shares (Indirect, by 401k plan)
Footnotes (1)
  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%.
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*
Cheatham Jerry A

(Last) (First) (Middle)
ONE NORTH SECOND ST

(Street)
HARTSVILLE SC

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Interim CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock 02/13/2026 M 180 A $0.0000 3,863 D
Common Stock 02/13/2026 F 65 D $51.67 3,798 D
Common Stock 2,259.39 I by 401k plan
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
Restricted Stock Units $0.0000(1) 02/13/2026 M 180 02/13/2024(2) 03/01/2026 Common Stock 180 $51.67 0.0000 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
2. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
By Elizabeth R. Kremer - Power of Attorney for Jerry A. Cheatham 02/17/2026
** 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.

FAQ

What insider transactions did SON interim CFO Jerry Cheatham report on this Form 4?

Jerry Cheatham reported exercising 180 restricted stock units into Sonoco common shares and a related tax-withholding disposition of 65 shares at $51.67 per share. These transactions reflect equity compensation vesting rather than open-market buying or selling activity.

Did SON interim CFO Jerry Cheatham sell Sonoco (SON) shares in the open market?

The filing shows a disposition of 65 Sonoco common shares at $51.67 per share for tax withholding. This is characterized as payment of tax liability by delivering shares, not as an open-market sale initiated for investment purposes.

How many Sonoco (SON) shares does Jerry Cheatham own after the reported Form 4 transactions?

After the reported transactions, Jerry Cheatham directly held 3,798 Sonoco common shares. He also had indirect ownership through a 401(k) plan, which held 2,259.39 shares, giving him both direct and retirement-plan exposure to the company’s stock.

What restricted stock unit activity did Sonoco (SON) disclose for interim CFO Jerry Cheatham?

The Form 4 shows 180 restricted stock units were exercised or converted on February 13, 2026 at an indicated price of $51.67 per share. Each unit represents a contingent right to receive one Sonoco common share as the awards vest over time.

How do the Sonoco (SON) restricted stock units for Jerry Cheatham vest over time?

The restricted stock units vest beginning one year from the grant date in three annual installments of 33%, 33%, and 34%. This schedule gradually delivers Sonoco common shares as long-term equity compensation for the interim CFO role.