Sonoco director awarded 657 Phantom Stock Units

Boyd Steven L reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Boyd Steven L reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Steven L. Boyd received a grant of 657.1 Phantom Stock Units on April 1, 2026. Each unit is economically equivalent to one share of Sonoco common stock and was accrued under the company’s directors deferred compensation plan.

After this award, Boyd holds a total of 10,362 Phantom Stock Units. These units are scheduled to be settled in Sonoco common stock six months after his retirement, making this a compensation-related, non-market transaction rather than an open-market share purchase or sale.

Insider Trade Summary

Grant/Award: 657.1 shares

Grant/Award 1 txn

Insider Boyd Steven L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	657.1	$55.17	$36K

Holdings After Transaction: Phantom Stock Units — 10,362 contracts (Direct)

Footnotes (2)

1. F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. F2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

Key Figures

Phantom Stock Units granted: 657.1 units Grant reference price: $55.17 per unit Total Phantom Stock Units after grant: 10,362 units +1 more

4 metrics

Phantom Stock Units granted 657.1 units Grant on April 1, 2026 to director Steven L. Boyd

Grant reference price $55.17 per unit Price per Phantom Stock Unit for the April 1, 2026 award

Total Phantom Stock Units after grant 10,362 units Boyd’s holdings following the reported transaction

Underlying common stock equivalence 1 share per unit Each Phantom Stock Unit equals one Sonoco common share economically

Key Terms

Phantom Stock Units, directors deferred compensation plan, settled in Sonoco Products Company common stock

3 terms

Phantom Stock Units financial

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

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

directors deferred compensation plan financial

"The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan"

A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.

settled in Sonoco Products Company common stock financial

"are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Sonoco (SON) director Steven L. Boyd report in this Form 4?

Steven L. Boyd reported receiving 657.1 Phantom Stock Units as a compensation award. These units are tied to Sonoco common stock value and increase his total Phantom Stock Unit holdings to 10,362, with settlement scheduled after his retirement.

Are Steven L. Boyd’s Phantom Stock Units in SON an open-market purchase?

No, the 657.1 Phantom Stock Units reflect a grant under Sonoco’s directors deferred compensation plan. This is a compensation-related award, not an open-market buy or sell, and will be settled in common stock after Boyd’s retirement.

How many Sonoco-related Phantom Stock Units does Steven L. Boyd hold after this grant?

Following the 657.1-unit grant, Steven L. Boyd holds 10,362 Phantom Stock Units. Each unit represents the economic equivalent of one share of Sonoco Products Company common stock, to be delivered after his retirement.

What is a Phantom Stock Unit in the context of Sonoco (SON)?

A Phantom Stock Unit is a deferred compensation instrument economically equivalent to one Sonoco common share. For Boyd, units were accrued under the directors deferred compensation plan and will be settled in actual Sonoco stock six months after his retirement.

At what reference price were Steven L. Boyd’s Sonoco Phantom Stock Units recorded?

The 657.1 Phantom Stock Units were recorded at a reference price of $55.17 per unit. This price reflects the value used for the grant entry on April 1, 2026, under Sonoco’s directors deferred compensation plan.

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

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Accepted by SEC EDGAR 04/02/2026 - 04:37 PM EDT Learn about SEC filing dates

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^*

Boyd Steven L

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	(1)	04/01/2026		A		657.1		(2)	(2)	Common Stock	657.1	$55.17	10,362	D

Explanation of Responses:

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

2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

	By:Elizabeth R Kremer - Power of Attorney for Steven L Boyd	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)