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Sonoco Products (SON) COO receives dividend equivalent stock unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

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Negative

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Insider Fuller Rodger D
Role Chief Operating Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units 41.6 $53.29 $2K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 456.6 shares (Direct)
Footnotes (1)
  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.
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*
Fuller Rodger D

(Last) (First) (Middle)
ONE NORTH SECOND ST
P O BOX 160

(Street)
HARTSVILLE SC 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)
Chief Operating Officer
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)
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
Dividend Equivalents on Restricted Stock Units $0.0000(1) 03/10/2026 A 41.6 (2) (2) Common Stock 41.6 $53.29 456.6 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.
By: Elizabeth R. Kremer - Power of Attorney for Rodger D. Fuller 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.

FAQ

What insider transaction did Sonoco Products (SON) report for Rodger D. Fuller?

Sonoco Products reported that Chief Operating Officer Rodger D. Fuller received a grant of 41.6 dividend equivalents on restricted stock units. These are compensation-related awards tied to common stock, not open-market share purchases or sales, and increase his derivative-based holdings.

How many dividend equivalent units did the Sonoco COO receive in this Form 4 filing?

The Chief Operating Officer received 41.6 dividend equivalents on restricted stock units. Each dividend equivalent represents the economic equivalent of one share of Sonoco Products common stock, effectively mirroring the value of 41.6 underlying shares as part of his compensation package.

What are dividend equivalents on restricted stock units at Sonoco Products (SON)?

Dividend equivalents on restricted stock units are rights that mirror cash dividends on common shares. For Sonoco, each dividend equivalent is economically equal to one share of common stock, accruing to the executive’s award instead of being paid out as immediate cash.

When will Rodger D. Fuller’s Sonoco dividend equivalent units be settled?

The dividend equivalent rights on restricted stock acquired by Rodger D. Fuller will be settled upon his retirement or other termination of service. This means the economic value accumulates over time and is not immediately converted into common shares or cash.

Did the Sonoco COO buy or sell common stock in this reported transaction?

No, the Sonoco COO did not buy or sell common stock in the market. He received a compensation-related award of dividend equivalents on restricted stock units, classified as a grant or other acquisition rather than an open-market purchase or sale.

What is Rodger D. Fuller’s total holding of Sonoco dividend equivalent units after this grant?

After this grant, Rodger D. Fuller holds a total of 456.6 dividend equivalents on restricted stock units. These units are directly owned and each is economically equivalent to one share of Sonoco Products common stock, to be settled at retirement or service termination.
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5.41B
97.49M
Packaging & Containers
Paperboard Containers & Boxes
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United States
HARTSVILLE