Sonoco director awarded 817 phantom stock units at $44.37
Sonoco Products Company director reports new phantom stock award.
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Rhea-AI Filing Summary
Sonoco Products Company director reports new phantom stock award. On 01/02/2026, a director of Sonoco Products Company (ticker SON) acquired 817 phantom stock units at a reference price of $44.37 per unit under the company’s directors deferred compensation plan. After this transaction, the director beneficially owned 20,523.1 phantom stock units, held directly.
Each phantom stock unit is the economic equivalent of one share of Sonoco common stock. According to the plan, these phantom stock units are scheduled to be settled in Sonoco common stock six months after the reporting person’s retirement, providing deferred, stock-based compensation linked to the company’s share performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 817 | $44.37 | $36K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction was reported for Sonoco Products Company (SON)?
A director of Sonoco Products Company (SON) reported acquiring 817 phantom stock units on 01/02/2026 under the company’s directors deferred compensation plan.
What are the terms of the phantom stock units reported by the Sonoco director?
Each phantom stock unit is the economic equivalent of one share of Sonoco common stock and was recorded at a reference price of $44.37 per unit.
How many Sonoco phantom stock units does the director own after this transaction?
Following the reported transaction, the director beneficially owned 20,523.1 phantom stock units, held in a direct capacity.
When will the Sonoco phantom stock units be settled into common stock?
The phantom stock units accrued under the directors deferred compensation plan are to be settled in Sonoco common stock six months after the reporting person’s retirement.
What is the relationship of the reporting person to Sonoco Products Company (SON)?
The reporting person is identified as a Director of Sonoco Products Company, as indicated in the relationship section of the form.
Is this Sonoco insider Form 4 filed for one or multiple reporting persons?
The filing is marked as a Form filed by one reporting person, not a joint or group filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.