Form 4: SON CFO Reports 26.4 Dividend Equivalents on Restricted Stock

Rhea-AI Filing Summary

Paul Joachimczyk, Chief Financial Officer of Sonoco Products Company (SON), acquired 26.4 dividend equivalent rights tied to restricted stock on 09/10/2025. The rights are described as quarterly dividend equivalents that will be settled in common stock upon the reporting person’s retirement or other termination of service. The transaction was reported on Form 4 via power of attorney by Elizabeth R. Kremer on 09/11/2025. The reported per-share reference price shown is $46.06, and the reported ownership following the transaction is 26.4 shares (direct).

Positive

• Disclosure compliance: The transaction was reported on Form 4 with a power of attorney signature, indicating timely regulatory filing.
• Alignment with shareholders: Acquisition of dividend equivalent rights on restricted stock ties executive compensation to shareholder returns.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: An officer received dividend-equivalent restricted stock rights that vest/settle on separation, aligning pay with shareholder returns.

The Form 4 documents a non-cash acquisition of 26.4 dividend equivalent rights on restricted stock for the CFO, recorded as direct beneficial ownership and tied to future settlement upon retirement or termination. This is a routine compensation-related disclosure rather than an open-market purchase or sale. The filing clarifies the nature of the award and confirms timely reporting under Section 16; it does not disclose broader equity plan terms, vesting schedule specifics, or immediate changes to voting power.

Securities Compliance Analyst

TL;DR: Filing records a small, administrative grant of dividend equivalents; materiality to investors is minimal.

From a compliance perspective, the Form 4 properly reports an acquisition code (A) on 09/10/2025 and includes a power-of-attorney signature dated 09/11/2025. The entry lists a price reference of $46.06 and shows the resulting direct beneficial ownership as 26.4 shares. The disclosure meets Section 16 reporting requirements but contains limited information about plan mechanics, so it should be treated as a routine insider-compensation disclosure without immediate market impact.

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
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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^*

Joachimczyk Paul

(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)
	CFO

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		26.4		(1)	(1)	Common Stock	26.4	$46.06	26.4	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 Paul Joachimczyk	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 Paul Joachimczyk report on Form 4 for SON?

He reported acquisition of 26.4 dividend equivalent rights on restricted stock on 09/10/2025, shown as direct beneficial ownership of 26.4 shares.

When will the dividend equivalent rights be settled?

The filing states they will be settled upon the reporting person’s retirement or other termination of service.

Was a price reported for the transaction on Form 4?

The document shows a reference amount of $46.06 associated with the reported dividend equivalent rights.

Who signed the Form 4 for Paul Joachimczyk?

The Form 4 was filed by Elizabeth R. Kremer as Power of Attorney on 09/11/2025.

Does this Form 4 indicate an open-market purchase or sale?

No. The filing reports an acquisition of dividend equivalent rights on restricted stock, not an open-market trade.