Sonoco (SON) director adds 204 phantom units in deferred compensation grant

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Form Type

Rhea-AI Filing Summary

Drew Theresa J reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Theresa J. Drew received 204.1 phantom stock units as a compensation-related award. Each phantom unit is economically equivalent to one share of Sonoco common stock. The award was credited in connection with a quarterly dividend under the directors' deferred compensation plan.

Following this grant, Drew holds a total of 20,727.2 phantom stock units, which will be settled in connection with her retirement or other termination of board service. This is a routine, non-cash adjustment to her deferred compensation, not an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Drew Theresa J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	204.1	$53.29	$11K

Holdings After Transaction: Phantom Stock Units — 20,727.2 shares (Direct)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. 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.

Form 4 Insider Transactions: What Each Field Means →

03/11/2026 - 06:46 PM

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^*

Drew Theresa J

(Last)

(First)

(Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE

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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	03/10/2026		A		204.1		⁽²⁾	⁽²⁾	Common Stock	204.1	$53.29	20,727.2	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

2. 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.

	By: Elizabeth R Kremer- Power of Attorney for Theresa J. Drew	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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco (SON) director Theresa J. Drew report on this Form 4?

Theresa J. Drew reported receiving 204.1 phantom stock units tied to Sonoco common stock. The units were credited as part of the directors' deferred compensation plan in connection with a quarterly dividend, increasing her total phantom stock holdings to 20,727.2 units.

Is Theresa J. Drew buying or selling Sonoco (SON) shares in this filing?

This filing does not show an open-market buy or sell of Sonoco shares. It reflects a grant of 204.1 phantom stock units as compensation, linked to the quarterly dividend under the directors' deferred compensation plan, rather than a discretionary trade.

What are the phantom stock units reported by Sonoco (SON) director Drew?

Each phantom stock unit is the economic equivalent of one share of Sonoco common stock. These units are bookkeeping entries in the directors' deferred compensation plan and track the value of the stock without immediate share delivery or voting rights like regular stock.

How many phantom stock units does Theresa J. Drew hold after this Sonoco (SON) transaction?

After receiving the new award, Theresa J. Drew holds 20,727.2 phantom stock units. This total includes the 204.1 units credited on the transaction date, all tied to Sonoco common stock within the company’s directors' deferred compensation plan structure.

When will the Sonoco (SON) phantom stock units granted to Drew be settled?

The phantom stock units will be settled upon Theresa J. Drew’s retirement or other termination of service as a director. Until that point, they remain deferred compensation entries whose value mirrors Sonoco’s common stock over time.

Does this Sonoco (SON) Form 4 indicate a trading plan or tax withholding event?

The reported transaction is a grant of phantom stock units related to a quarterly dividend, not a sale, tax withholding, or trade under a Rule 10b5-1 plan. It represents routine deferred compensation accrual for a board member.