Sonoco (NYSE: SON) CEO awarded 719 dividend-equivalent stock units

Rhea-AI Filing Summary

Sonoco Products Company President & CEO R. Howard Coker acquired 719.4 dividend equivalents on restricted stock units on March 10, 2026. Each dividend equivalent is the economic equivalent of one share of Sonoco common stock and will be settled when he retires or his service otherwise ends. After this compensation-related grant, he directly holds 18,902.5 dividend equivalent rights linked to Sonoco common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Coker R. Howard

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalents on Restricted Stock Units	719.4	$53.29	$38K

Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 18,902.5 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Coker R. Howard

(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)
	President & CEO

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		719.4		(2)	(2)	Common Stock	719.4	$53.29	18,902.5	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 R. Howard Coker	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 did Sonoco (SON) CEO R. Howard Coker report in this Form 4?

R. Howard Coker reported receiving 719.4 dividend equivalents on restricted stock units. These are compensation-related awards economically equal to Sonoco common shares, tied to dividends paid on his restricted stock, and are not open-market stock purchases or sales.

How many dividend-equivalent units does the Sonoco (SON) CEO hold after this transaction?

Following the transaction, R. Howard Coker directly holds 18,902.5 dividend equivalent rights on restricted stock units. Each right tracks the value of one Sonoco common share through dividend equivalents, providing additional economic exposure linked to the company’s stock.

Is the Sonoco (SON) CEO’s Form 4 transaction a stock sale or purchase?

The Form 4 shows a grant/award acquisition, not a stock sale or open-market purchase. Coker received 719.4 dividend-equivalent units as part of his compensation, reflecting dividends on restricted stock units rather than trading in Sonoco common shares.

When will the Sonoco (SON) CEO’s dividend equivalents on RSUs be settled?

The dividend equivalent rights will be settled upon R. Howard Coker’s retirement or other termination of service. Until that time, they function as bookkeeping entries tied to Sonoco’s common stock dividends, rather than immediately deliverable shares.

What does “each dividend equivalent is the economic equivalent of one Sonoco share” mean?

Each dividend equivalent right gives Coker economic value equal to one Sonoco common share in respect of dividends. He does not immediately receive shares; instead, these rights accumulate value and are settled later under the company’s compensation terms.