STOCK TITAN

Sonoco (NYSE: SON) CFO exercises 8,348 RSUs and uses 2,534 shares for tax withholding

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

Rhea-AI Filing Summary

Sonoco Products CFO Paul Joachimczyk exercised restricted stock units that converted into 8,348 shares of common stock on June 30, 2026. To cover tax obligations, 2,534 shares were disposed of at $56.35 per share. After these compensation-related transactions, he directly holds 34,372 shares of common stock.

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Insider Joachimczyk Paul
Role CFO
Type Security Shares Price Value
Exercise Restricted Stock Units 8,348 $56.35 $470K
Exercise Common Stock 8,348 $0.00 --
Tax Withholding Common Stock 2,534 $56.35 $143K
Holdings After Transaction: Restricted Stock Units — 16,947 shares (Direct, null); Common Stock — 36,906 shares (Direct, null)
Footnotes (1)
RSUs exercised 8,348 shares Restricted Stock Units converted to common stock on June 30, 2026
Tax-withholding shares 2,534 shares Shares delivered for tax liability at $56.35 on June 30, 2026
Tax-withholding price $56.35 per share Value used for tax-withholding disposition on June 30, 2026
Shares held after transactions 34,372 shares Direct common stock holdings after June 30, 2026 transactions
RSU expiration date July 1, 2028 Original expiration date of 8,348 Restricted Stock Units exercised
Net buy/sell shares 0 shares Transaction summary net buy/sell direction marked neutral
Restricted Stock Units financial
"security_title: "Restricted Stock Units" with 8,348.0000 shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 2,534.0000 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion financial
"transaction_code_description: "Exercise or conversion of derivative security""
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SEC Form 4
FORM 4UNITED 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*
Joachimczyk Paul

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026M8,348A$0.000036,906D
Common Stock06/30/2026F2,534D$56.3534,372D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.000006/30/2026M8,34806/30/202607/01/2028Common Stock8,348$56.3516,947D
Explanation of Responses:
By:Elizabeth R Kremer-Power of Attorney for Paul Joachimczyk07/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did Sonoco (SON) CFO Paul Joachimczyk report?

He reported exercising restricted stock units into 8,348 shares of common stock and a related tax-withholding disposition of 2,534 shares on June 30, 2026. These are compensation-related events, not open-market purchases or sales, and reflect routine equity award activity.

How many Sonoco (SON) shares does the CFO hold after these transactions?

After the June 30, 2026 equity award transactions, CFO Paul Joachimczyk directly holds 34,372 shares of Sonoco common stock. This figure reflects the net position following the exercise of 8,348 restricted stock units and the disposition of 2,534 shares to satisfy tax obligations.

Were Sonoco (SON) shares sold on the open market in this Form 4?

The Form 4 shows no open-market sales. It reports a tax-withholding disposition of 2,534 shares at $56.35 per share, used to cover tax liabilities arising from the vesting and conversion of 8,348 restricted stock units into Sonoco common stock on June 30, 2026.

What does the tax-withholding transaction mean in the Sonoco (SON) Form 4?

The tax-withholding transaction means 2,534 shares of Sonoco common stock were delivered to satisfy tax liabilities from equity vesting. It is coded as an F transaction, which indicates payment of exercise price or tax liability by delivering securities, not a discretionary open-market sale.

What derivative securities did the Sonoco (SON) CFO exercise?

He exercised 8,348 restricted stock units, a derivative security that converts into common stock. The RSUs converted into 8,348 Sonoco common shares at a stated conversion price of $0.00, with an original expiration date of July 1, 2028, and are now reflected as common stock holdings.

Does this Sonoco (SON) Form 4 indicate net buying or selling by the CFO?

Overall activity is neutral on a buy/sell basis. The CFO acquired 8,348 shares through RSU conversion and disposed of 2,534 shares solely to cover tax obligations. The transaction summary shows net buy/sell shares of zero and classifies the pattern as compensation-related, not open-market trading.