Sonoco officer granted 264 dividend units
SONOCO PRODUCTS CO (symbol: SON) is the issuer of record for a Form 4 filing submitted to the SEC.
Rhea-AI Filing Summary
SONOCO PRODUCTS CO (symbol: SON) is the issuer of record for a Form 4 filing submitted to the SEC. Harrell James A. III reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Co (SON) reported that officer James A. Harrell III, President Global Industrial Paper Packaging, received a grant of 264.4 dividend equivalents on Restricted Stock Units on September 10, 2026. Each dividend equivalent is the economic equivalent of one share of common stock and relates to quarterly dividend rights on existing restricted stock.
Following this grant, Harrell holds a total of 8,607.3 dividend-equivalent units, all reported as directly owned. These rights will be settled in common stock upon his retirement or other termination of service. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units F1, F2 | 264.4 | $48.43 | $13K |
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 financial
Restricted Stock Units financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SON report for James A. Harrell III?
How many dividend-equivalent units does the SON officer hold after this Form 4?
Was there any open-market buying or selling of SON stock in this Form 4?
What is the economic value reference for the SON dividend equivalents granted?
When will the SON dividend-equivalent rights be settled?
Was a Rule 10b5-1 trading plan involved in this SON Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.