[Form 4] Sonoco Products Company Insider Trading Activity

Rhea-AI Filing Summary

Sonoco Products (SON) Form 4: James A. Harrell III, listed as President Global Ind. Paper Pkg. and an officer of Sonoco, reported acquiring 255.6 dividend-equivalent restricted stock units on 09/10/2025. Each dividend equivalent equals one share of common stock. The transaction used an acquisition code and shows a per-share price of $46.06 for calculation purposes. After the acquisition Harrell beneficially owns 7,569.5 shares directly. The filing notes these dividend-equivalent RSU rights are received quarterly and will be settled when the reporting person retires or otherwise terminates service. The Form 4 was submitted by power of attorney Elizabeth R. Kremer on 09/11/2025.

Positive

• Acquisition of 255.6 dividend-equivalent RSUs increased direct beneficial ownership to 7,569.5 shares
• Clear disclosure that dividend equivalents will be settled at retirement or termination, providing transparency on timing

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider acquisition of dividend-equivalent RSUs increases direct holdings slightly; not a material market event.

The reported transaction is an acquisition of 255.6 dividend-equivalent restricted stock units that are economically equivalent to common shares and settle on termination or retirement. The incremental increase brings Harrell's direct beneficial ownership to 7,569.5 shares. This is a standard compensation-related issuance rather than an open-market purchase, so it primarily reflects company compensation mechanics and retention rather than a new investment signal. The transaction size relative to total outstanding shares is not provided in the filing, so materiality to cap table or share count cannot be assessed from this document alone.

Corporate Governance Expert

TL;DR: Form 4 discloses routine settlement-linked RSU dividend equivalents; emphasizes compensation alignment but contains no governance red flags.

The filing documents quarterly dividend-equivalent rights tied to restricted stock units that vest or are settled upon service termination. Such arrangements are common for executive compensation and retention. The disclosure is clear about the nature of the instruments and settlement conditions. There are no indications of accelerated vesting, special one-off grants, or related-party transactions within this form. Further governance implications would require the company’s equity plan details, which are not included here.

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^*

Harrell James A. 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. Global Ind. Paper Pkg.

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	(1)	09/10/2025		A		255.6		(2)	(2)	Common Stock	255.6	$46.06	7,569.5	D

Explanation of Responses:

1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock

2. 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 James A. Harrell, III	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 James A. Harrell III report on the SON Form 4?

He reported acquiring 255.6 dividend-equivalent restricted stock units on 09/10/2025, increasing his direct beneficial ownership to 7,569.5 shares.

What are dividend-equivalent restricted stock units in this filing?

The filing states each dividend equivalent is the economic equivalent of one share of Sonoco common stock and are settled upon the reporting person's retirement or termination of service.

At what price is the transaction reported on the Form 4?

The Form 4 shows a per-share price of $46.06 associated with the reported dividend-equivalent RSUs.

Who filed the Form 4 on behalf of the reporting person?

The Form 4 was submitted by Elizabeth R. Kremer as power of attorney for James A. Harrell III on 09/11/2025.

Does the Form 4 indicate whether these RSUs were market purchases?

No. The filing classifies them as dividend-equivalent rights on restricted stock units, indicating compensation-related issuance rather than open-market purchases.