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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.

(Neutral)
(Neutral)
Form Type
4

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.

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Insider Coker R. Howard
Role President & CEO
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units F1, F2 823.5 $48.43 $40K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 20,531.2 contracts (Direct)
Footnotes (2)
  1. F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
  2. F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Dividend-equivalent RSUs granted 823.5 units Grant to President & CEO on September 10, 2026
Per-unit value $48.43 per unit Value used for the 823.5 dividend-equivalent RSUs
Dividend-equivalent RSUs after transaction 20,531.2 units Total directly held by Coker R. Howard following the award
Conversion or exercise price $0.00 Dividend equivalents on restricted stock units are economically equivalent to common stock
Transaction date September 10, 2026 Date of the dividend-equivalent RSU grant
Dividend Equivalents on Restricted Stock Units financial
"Each share of Dividend equivalents on Restricted Stock units is the economic equivalent"
economic equivalent financial
"is the economic equivalent of one share of Sonoco Products Company common stock"
Restricted Stock financial
"dividend equivalent rights on Restricted Stock which will be settled upon"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

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?

The company reported that President & CEO Coker R. Howard was granted 823.5 Dividend Equivalents on Restricted Stock Units on September 10, 2026, as a compensation-related acquisition linked to Sonoco common stock.

How many dividend-equivalent RSUs does the Sonoco (SON) CEO hold after this Form 4 transaction?

After the September 10, 2026 award, Coker R. Howard directly holds 20,531.2 Dividend Equivalents on Restricted Stock Units, each economically equivalent to one share of Sonoco Products Company common stock.

What is the per-unit value used for the SON CEO’s dividend-equivalent RSU award?

The award of 823.5 Dividend Equivalents on Restricted Stock Units used a value of $48.43 per unit, with each unit economically equivalent to one share of Sonoco Products Company common stock.

When will the SON CEO’s dividend-equivalent RSUs reported in this Form 4 be settled?

The filing states that the quarterly dividend equivalent rights on restricted stock will be settled upon the reporting person’s retirement or other termination of service, meaning settlement is deferred until that event occurs.

Was the Sonoco (SON) CEO’s Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan for this transaction; it is reported as a grant or award acquisition rather than an open-market trade under a pre-arranged plan.

What type of security is involved in the SON Form 4 for Coker R. Howard?

The security is described as Dividend Equivalents on Restricted Stock Units, which are derivative awards with a conversion price of $0.00 and are economically equivalent to Sonoco common stock on a one-for-one basis.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Coker R. Howard

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalents on Restricted Stock Units$0.0000(1)09/10/2026A823.5 (2) (2)Common Stock823.5$48.4320,531.2D
Explanation of Responses:
1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
By: Elizabeth R. Kremer - Power of Attorney for R. Howard Coker09/14/2026
** Signature of Reporting PersonDate
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)

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