Sonoco interim CFO exercises RSUs, withholds shares for taxes
Sonoco Products interim CFO Jerry A. Cheatham reported equity compensation activity involving restricted stock units and common shares.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 180 | $51.67 | $9K |
| Exercise | Common Stock | 180 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 65 | $51.67 | $3K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
FAQ
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What insider transactions did SON interim CFO Jerry Cheatham report on this Form 4?
What restricted stock unit activity did Sonoco (SON) disclose for interim CFO Jerry Cheatham?
How do the Sonoco (SON) restricted stock units for Jerry Cheatham vest over time?
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