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[Form 4] Sonoco Products Company Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Sonoco Products (SON) Form 4: Rodger D. Fuller, Chief Operating Officer, acquired 39.9 dividend equivalent rights on restricted stock units on 09/10/2025 that will be settled in shares upon his retirement or other termination of service. The filing reports those dividend equivalents priced at $46.06 and shows 370.7 shares of Common Stock beneficially owned following the transaction as direct ownership. The transaction was reported by power of attorney on 09/11/2025. The entry indicates compensation-related settlement timing rather than an open-market purchase or sale.

Positive
  • Officer received equity-linked compensation (39.9 dividend equivalent RSUs) that vests/settles on retirement or termination, which can align interests with shareholders
  • Timely reporting: transaction dated 09/10/2025 and reported by power of attorney on 09/11/2025, indicating procedural compliance
Negative
  • None.

Insights

TL;DR: Officer received dividend-equivalent RSUs that vest/settle at termination, aligning long-term pay with shareholder outcomes.

The Form 4 documents receipt of 39.9 dividend-equivalent restricted stock units for COO Rodger D. Fuller, with settlement deferred until retirement or termination. This is a routine, compensation-related equity grant rather than a liquidity-driven insider trade. The filing notes a per-share reference of $46.06 and reports 370.7 shares beneficially owned after the transaction, showing modest insider exposure. For governance, deferred settlement ties pay to tenure and may modestly align executive incentives with long-term shareholder value.

TL;DR: Filing is procedural and compliant; transaction coded as acquisition of dividend equivalents tied to restricted stock.

The Form 4 shows acquisition code "A" for dividend equivalents on restricted stock units with explicit settlement conditions (retirement/termination). The report was timely (transaction 09/10/2025; POA signature 09/11/2025). There is no indication of market trading activity or Rule 10b5-1 plan designation in the disclosed text. From a compliance perspective, the form provides the required details about the nature and timing of settlement and the reporting officer’s direct ownership position.

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*
Fuller Rodger D

(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)
Chief Operating Officer
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 39.9 (1) (1) Common Stock 39.9 $46.06 370.7 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 Rodger D. Fuller 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 SON insider Rodger D. Fuller report on Form 4?

The filing reports acquisition of 39.9 dividend equivalent rights on restricted stock units on 09/10/2025, to be settled in shares upon retirement or termination.

How many shares does Rodger D. Fuller beneficially own after the transaction?

The Form 4 shows 370.7 shares of Common Stock beneficially owned following the reported transaction.

Was this an open-market trade or compensation-related award for SON (SON)?

This was a compensation-related acquisition of dividend equivalents on restricted stock units, not an open-market purchase or sale.

What is the reference price shown in the Form 4?

The filing lists a reference price of $46.06 associated with the reported dividend equivalents.

When was the Form 4 signed and filed for the SON transaction?

The Form 4 was executed by power of attorney (Elizabeth R. Kremer) on 09/11/2025 reporting the 09/10/2025 transaction.
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4.00B
97.61M
0.93%
84.82%
3.72%
Packaging & Containers
Paperboard Containers & Boxes
Link
United States
HARTSVILLE