Sonoco director granted 344.4 phantom stock units
A Sonoco Products Co director received additional phantom stock units as a deferred compensation dividend credit, increasing his total phantom unit balance.
Rhea-AI Filing Summary
SONOCO PRODUCTS CO (symbol: SON) is the issuer of record for a Form 4 filing submitted to the SEC. Kyle Richard G reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Co (SON) reported that director Kyle Richard G received a grant of 344.4 Phantom Stock Units on September 10, 2026, credited at an equivalent value of $48.43 per unit. Each unit is the economic equivalent of one share of Sonoco common stock and was credited as part of the quarterly dividend under the directors' deferred compensation plan. Following this award, the director holds a total of 31,225.6 Phantom Stock Units, which will be settled in connection with retirement or other termination of service. No Rule 10b5-1 trading plan is reported for this award.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 344.4 | $48.43 | $17K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Key Terms
Phantom Stock Units financial
directors' deferred compensation plan financial
economic equivalent financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sonoco Products Co (SON) disclose in this Form 4?
How many Sonoco (SON) phantom stock units does the director hold after this transaction?
What is the economic value per Sonoco (SON) phantom stock unit in this award?
How and when will the Sonoco (SON) phantom stock units be settled for the director?
Was the Sonoco (SON) phantom stock unit award made under a Rule 10b5-1 trading plan?
What does a Sonoco (SON) phantom stock unit represent for the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.