SON insider filing: Ernest Haynes adds 78.5 restricted stock dividend equivalents

Rhea-AI Filing Summary

Ernest D. Haynes III, President of Sonoco Metal Packaging and a reporting person for Sonoco Products Company (SON), recorded a Form 4 disclosing a non‑derivative acquisition dated 09/10/2025. The filing shows Haynes acquired 78.5 dividend equivalent rights tied to restricted stock units that will be settled in common stock upon his retirement or other termination of service. After the reported transaction he beneficially owns 690.3 shares of Sonoco common stock directly. The Form 4 was submitted under power of attorney by Elizabeth R. Kremer on 09/11/2025.

Insights

Corporate Governance Expert

TL;DR: Routine insider compensation accrual; limited immediate market impact.

The filing documents a customary grant of dividend equivalent rights on restricted stock units to a senior executive. Because the units vest or settle upon termination or retirement, this reflects compensation alignment rather than an open‑market purchase or sale. The transaction increases reported beneficial ownership by a modest amount (78.5 shares added to a total of 690.3), so it is not material to control or major shareholding dynamics.

Executive Compensation Analyst

TL;DR: Compensation-related accrual recorded; illustrates payout mechanics, not cash exercise.

The entry is recorded as dividend equivalents on restricted stock, showing an accrual of 78.5 units at an indicated per-share reference of $46.06. These rights are payable upon termination events, consistent with standard long‑term incentive program design. This is a disclosure of deferred compensation conversion mechanics rather than a liquidity event or cash transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Haynes Ernest D III

Role Pres. Sonoco Metal Packaging

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalents on Restricted Stock Units	78.5	$46.06	$4K

Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 690.3 shares (Direct)

Footnotes (1)

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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^*

Haynes Ernest D III

(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)
	Pres. Sonoco Metal Packaging

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

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)	09/10/2025		A		78.5		(1)	(1)	Common Stock	78.5	$46.06	690.3	D

Explanation of Responses:

1. 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 Ernest D. Haynes	09/11/2025
	** 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 the Sonoco (SON) Form 4 filed for Ernest D. Haynes III disclose?

The Form 4 discloses that Ernest D. Haynes III acquired 78.5 dividend equivalent rights on restricted stock units on 09/10/2025, which will be settled in common stock upon his retirement or termination.

How many Sonoco shares does Haynes beneficially own after the reported transaction?

After the reported acquisition, the filing shows Haynes beneficially owns 690.3 shares of Sonoco common stock directly.

Was this Form 4 filed by Haynes personally?

The Form 4 was submitted under power of attorney by Elizabeth R. Kremer on behalf of Ernest D. Haynes III on 09/11/2025.

What is the nature of the securities reported in the Form 4?

The reported items are dividend equivalent rights on restricted stock units that will convert into common stock upon retirement or termination; they are not open‑market purchases or sales.

Does the Form 4 indicate a cash transaction or sale by the insider?

No. The transaction is an acquisition of dividend equivalent rights tied to restricted stock units; it is a compensation settlement mechanism, not a cash sale or market trade.