[Form 4] Sonoco Products Company Insider Trading Activity
Sean Cairns, an officer of Sonoco Products Company (SON), reported a transaction dated 09/10/2025 on Form 4. The filing discloses the acquisition of 68.8 dividend-equivalent units tied to restricted stock units; each dividend equivalent equals one share of Sonoco common stock. These quarterly dividend-equivalent rights will be settled upon the reporting person’s retirement or other termination of service. Following the reported transaction, the filing shows 491 shares beneficially owned by the reporting person. The Form 4 was signed under power of attorney by Elizabeth R. Kremer on 09/11/2025.
- Clear disclosure of acquisition of 68.8 dividend-equivalent units tied to RSUs, clarifying settlement upon retirement or termination
 
- None.
 
Insights
TL;DR: Routine officer receipt of dividend-equivalent RSU units, increasing direct beneficial holdings to 491 shares.
The filing documents a non-cash acquisition of 68.8 dividend-equivalent units tied to restricted stock units, described as quarterly dividend equivalents that will be settled on retirement or termination. This is a compensatory/benefit-related event rather than an open-market purchase or sale. The disclosure clarifies post-transaction beneficial ownership at 491 shares, which provides transparency on insider holdings. No cash consideration or exercise was reported in the filing.
TL;DR: Proper Form 4 disclosure of dividend-equivalent rights tied to RSUs, filed under POA and indicating officer status.
The report identifies the reporting person as an officer (title noted as President, Global Rigid Paper Packaging) and discloses acquisition mechanics: dividend-equivalent rights on restricted stock units that will vest/settle upon termination or retirement. The form is executed under power of attorney, indicating timely compliance with signature requirements. The disclosed transaction appears administrative and consistent with standard equity compensation disclosures under Section 16.