[Form 4] Sonoco Products Company Insider Trading Activity

Rhea-AI Filing Summary

Pamela L. Davies, a director of Sonoco Products Company (SON), acquired 733.7 phantom stock units on 09/10/2025 under the company directors' deferred compensation plan. Each phantom unit is the economic equivalent of one share of Sonoco common stock and the reported acquisition price is $46.06 per equivalent share. After this transaction Ms. Davies beneficially owns 64,494.6 shares on a direct basis. The phantom units were granted as a quarterly dividend and will be settled in common stock upon the reporting person’s retirement or other termination of service.

Insights

Corporate Governance Expert

TL;DR: Routine director deferred-compensation crediting; no disposition reported and settlement is deferred until termination.

This Form 4 discloses a non-derivative economic credit under Sonoco’s directors' deferred compensation plan rather than an open-market purchase or sale. The reporting shows accumulation of phantom stock units that mirror common shares and will convert at termination, which aligns with typical director compensation practices and preserves current share count until settlement. Disclosure appears complete for the reported transaction date and nature.

Securities Analyst

TL;DR: Transaction is immaterial to capital structure; it increases the director’s economic exposure without immediate share issuance.

The 733.7 phantom units, priced at $46.06, represent an economic credit rather than an immediate change to outstanding common stock. The report indicates direct beneficial ownership totaling 64,494.6 shares post-transaction. For investors, this is a routine insider compensation entry with no immediate dilutive effect or cash transaction disclosed.

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

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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^*

DAVIES PAMELA LEWIS

(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)
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
Phantom Stock Units	(1)	09/10/2025		A		733.7		(2)	(2)	Common Stock	733.7	$46.06	64,494.6	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.

	By: Elizabeth R. Kremer - Power of Attorney for Pamela L. Davies	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 transaction did Pamela L. Davies report on Form 4 for SON?

Ms. Davies acquired 733.7 phantom stock units on 09/10/2025 under Sonoco's directors' deferred compensation plan.

How many shares does Pamela L. Davies beneficially own after the reported transaction?

64,494.6 shares beneficially owned following the reported transaction, held directly.

What is the economic value or price associated with the phantom units reported?

$46.06 per equivalent share is reported as the price associated with the phantom stock units.

When will the phantom stock units be settled into common stock?

The units will be settled upon the reporting person's retirement or other termination of service per the filing.

Does the Form 4 show any sales or dispositions by the reporting person?

No disposals are reported; the filing records an acquisition (credit) of phantom stock units.