STOCK TITAN

Sonoco (SON) director receives 276 phantom stock units as deferred pay

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

Rhea-AI Filing Summary

Sonoco Products director Philippe Guillemot reported a routine compensation-related award of phantom stock units. He acquired 276.1 phantom stock units on a quarterly dividend under the company’s directors’ deferred compensation plan, each economically equivalent to one share of Sonoco common stock.

Following this transaction, Guillemot holds a total of 28,031.4 phantom stock units. These units will be settled in connection with his retirement or other termination of service, so this filing reflects deferred, non-cash compensation rather than an open-market purchase or sale of Sonoco shares.

Positive

  • None.

Negative

  • None.
Insider Guillemot Philippe
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 276.1 $53.29 $15K
Holdings After Transaction: Phantom Stock Units — 28,031.4 shares (Direct)
Footnotes (1)
  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.
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*
Guillemot Philippe

(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)
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)
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
Phantom Stock Units (1) 03/10/2026 A 276.1 (2) (2) Common Stock 276.1 $53.29 28,031.4 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.
Elizabeth R Kremer Power of Attorney for Philippe Guillemot 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 (SON) director Philippe Guillemot report?

Philippe Guillemot reported acquiring 276.1 phantom stock units as part of Sonoco’s directors’ deferred compensation plan. This award is compensation-related, not an open-market trade, and is tied to a quarterly dividend credited to his deferred account.

What are phantom stock units in the Sonoco (SON) Form 4 filing?

The phantom stock units are bookkeeping entries whose value mirrors Sonoco common stock. Each unit is the economic equivalent of one Sonoco share, providing equity-linked compensation without immediate share issuance or voting rights, and will be settled at a later date.

How many phantom stock units does Philippe Guillemot hold after this Sonoco (SON) transaction?

After the reported transaction, Philippe Guillemot holds 28,031.4 phantom stock units. This total includes the newly credited 276.1 units from the quarterly dividend and represents his accumulated balance under the directors’ deferred compensation plan.

Was the Sonoco (SON) insider transaction a market buy or sell of common stock?

No, the transaction was not a market buy or sell of common stock. It was a grant of 276.1 phantom stock units credited as a quarterly dividend within a deferred compensation plan, with settlement deferred until retirement or another service-ending event.

When will the Sonoco (SON) phantom stock units reported by Philippe Guillemot be settled?

The phantom stock units will be settled upon Philippe Guillemot’s retirement or other termination of service. Until that time, they function as deferred, stock-linked compensation, tracking the economic value of Sonoco common stock rather than existing as currently tradable shares.

What does the Sonoco (SON) Form 4 imply for existing shareholders?

The Form 4 reflects routine director compensation through phantom stock units, not new share issuance or open-market trading. It signals deferred equity-linked pay for a board member, with economic exposure tied to Sonoco’s stock but no immediate impact on public share trading.