Sonoco COO granted dividend equivalent stock units
Sonoco Products Company Chief Operating Officer Rodger D. Fuller received a grant of 41.6 dividend equivalents on restricted stock units tied to the company’s common stock.
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Rhea-AI Filing Summary
Sonoco Products Company Chief Operating Officer Rodger D. Fuller received a grant of 41.6 dividend equivalents on restricted stock units tied to the company’s common stock. These units were acquired as quarterly dividend equivalent rights on restricted stock and are economically equal to 41.6 common shares.
The award will be settled in connection with Fuller’s retirement or other termination of service, rather than through any immediate share transaction in the market. Following this grant, he holds a total of 456.6 dividend equivalent restricted stock units directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units | 41.6 | $53.29 | $2K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sonoco Products (SON) report for Rodger D. Fuller?
How many dividend equivalent units did the Sonoco COO receive in this Form 4 filing?
What are dividend equivalents on restricted stock units at Sonoco Products (SON)?
When will Rodger D. Fuller’s Sonoco dividend equivalent units be settled?
Did the Sonoco COO buy or sell common stock in this reported transaction?
What is Rodger D. Fuller’s total holding of Sonoco dividend equivalent units after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.