Sonoco CEO granted 823.5 dividend-equivalent RSUs
Sonoco’s CEO received additional dividend-equivalent RSUs tied to common stock, increasing his deferred equity-based holdings.
Rhea-AI Filing Summary
SONOCO PRODUCTS CO (symbol: SON) is the issuer of record for a Form 4 filing submitted to the SEC. Coker R. Howard reported acquisition or exercise transactions in this Form 4 filing.
SONOCO PRODUCTS CO (SON) reported that President & CEO Coker R. Howard received an award of 823.5 Dividend Equivalents on Restricted Stock Units on September 10, 2026. Each unit is the economic equivalent of one share of common stock and will be settled upon his retirement or other termination of service, bringing his directly held dividend-equivalent RSUs to 20,531.2.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units F1, F2 | 823.5 | $48.43 | $40K |
Footnotes (2)
- F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Key Terms
Dividend Equivalents on Restricted Stock Units financial
economic equivalent financial
Restricted Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SON (Sonoco Products Co) report for Coker R. Howard?
How many dividend-equivalent RSUs does the Sonoco (SON) CEO hold after this Form 4 transaction?
What is the per-unit value used for the SON CEO’s dividend-equivalent RSU award?
When will the SON CEO’s dividend-equivalent RSUs reported in this Form 4 be settled?
Was the Sonoco (SON) CEO’s Form 4 transaction made under a Rule 10b5-1 trading plan?
What type of security is involved in the SON Form 4 for Coker R. Howard?
AI-generated analysis. How Rhea-AI works. Not financial advice.