Sonoco (SON) General Counsel receives dividend equivalent and phantom stock awards

Q: What did Sonoco (SON) executive John M. Florence report in this Form 4?

John M. Florence reported acquiring 367.2 dividend equivalent units on restricted stock units and 468 phantom stock units , both tied to Sonoco common stock and awarded as part of compensation, rather than through open-market purchases or sales.

Q: What are the dividend equivalents on restricted stock units reported for Sonoco (SON)?

The filing shows 367.2 dividend equivalent units on restricted stock units, each economically equivalent to one Sonoco common share. These quarterly dividend equivalent rights will be settled in common stock when John M. Florence retires or his service otherwise terminates.

Q: What phantom stock units did John M. Florence receive from Sonoco (SON)?

John M. Florence acquired 468 phantom stock units , each economically equivalent to one Sonoco common share. They were credited on a quarterly dividend to the officers’ deferred compensation plan and will be settled in common stock at retirement or other termination of service.

Q: Are these Sonoco (SON) Form 4 transactions open-market buys or sells?

No. Both transactions are coded as “A” grant or award acquisitions , reflecting compensation-related awards, not open-market buying or selling. They represent additional deferred units linked to Sonoco stock, not immediate share purchases or disposals in the market.

Q: When will the Sonoco (SON) dividend equivalents and phantom stock units be settled?

The filing states these awards will be settled upon John M. Florence’s retirement or other termination of service . Settlement will be in Sonoco common stock, aligning the executive’s long-term compensation with shareholder outcomes over his remaining service period.

Q: How many units does John M. Florence hold after these Sonoco (SON) awards?

After the reported awards, John M. Florence holds 4,322.6 dividend equivalent units on restricted stock units and 47,515.9 phantom stock units . Each unit is economically equivalent to one share of Sonoco common stock, providing long-term, stock-linked compensation exposure.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sonoco Products Company executive John M. Florence, General Counsel, Secretary and Vice President, reported routine compensation-related awards. He acquired 367.2 dividend equivalent units on restricted stock units and 468 phantom stock units, each economically equivalent to one share of Sonoco common stock.

The dividend equivalents and phantom stock units were credited in connection with quarterly dividend activity and the company’s officers’ deferred compensation plan. According to the disclosure, these awards will be settled in Sonoco common stock upon Mr. Florence’s retirement or other termination of service, rather than through immediate market transactions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Florence John M

Role Gnl Council, Secy, VP

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalents on Restricted Stock Units	367.2	$53.29	$20K
Grant/Award	Phantom Stock Units	468	$53.29	$25K

Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 4,322.6 shares (Direct); Phantom Stock Units — 47,515.9 shares (Direct)

Footnotes (1)

Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. Acquired on quarterly dividend on Sonoco Products Company's officers' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

Form 4 Insider Transactions: What Each Field Means →

03/11/2026 - 07:24 PM

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^*

Florence John M

(Last)

(First)

(Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE

29551-0160

(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)
	Gnl Council, Secy, VP

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Dividend Equivalents on Restricted Stock Units	$0.0000⁽¹⁾	03/10/2026		A		367.2		⁽²⁾	⁽²⁾	Common Stock	367.2	$53.29	4,322.6	D
Phantom Stock Units	$0.0000⁽³⁾	03/10/2026		A		468		⁽⁴⁾	⁽⁴⁾	Common Stock	468	$53.29	47,515.9	D

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.

3. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

4. Acquired on quarterly dividend on Sonoco Products Company's officers' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

	By:Elizabeth R Kremer - Power of Attorney for John M. Florence	03/11/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco (SON) executive John M. Florence report in this Form 4?

John M. Florence reported acquiring 367.2 dividend equivalent units on restricted stock units and 468 phantom stock units, both tied to Sonoco common stock and awarded as part of compensation, rather than through open-market purchases or sales.

What are the dividend equivalents on restricted stock units reported for Sonoco (SON)?

The filing shows 367.2 dividend equivalent units on restricted stock units, each economically equivalent to one Sonoco common share. These quarterly dividend equivalent rights will be settled in common stock when John M. Florence retires or his service otherwise terminates.

What phantom stock units did John M. Florence receive from Sonoco (SON)?

John M. Florence acquired 468 phantom stock units, each economically equivalent to one Sonoco common share. They were credited on a quarterly dividend to the officers’ deferred compensation plan and will be settled in common stock at retirement or other termination of service.

Are these Sonoco (SON) Form 4 transactions open-market buys or sells?

No. Both transactions are coded as “A” grant or award acquisitions, reflecting compensation-related awards, not open-market buying or selling. They represent additional deferred units linked to Sonoco stock, not immediate share purchases or disposals in the market.

When will the Sonoco (SON) dividend equivalents and phantom stock units be settled?

The filing states these awards will be settled upon John M. Florence’s retirement or other termination of service. Settlement will be in Sonoco common stock, aligning the executive’s long-term compensation with shareholder outcomes over his remaining service period.

How many units does John M. Florence hold after these Sonoco (SON) awards?

After the reported awards, John M. Florence holds 4,322.6 dividend equivalent units on restricted stock units and 47,515.9 phantom stock units. Each unit is economically equivalent to one share of Sonoco common stock, providing long-term, stock-linked compensation exposure.