[Form 4] Sonoco Products Company Insider Trading Activity
John M. Florence, listed as General Counsel, Secretary and Vice President of Sonoco Products Company (SON), reported transactions dated 09/10/2025. The Form 4 shows acquisition of 355.8 restricted stock units credited as quarterly dividend equivalents and 478.7 phantom stock units credited under the officers' deferred compensation plan. The entries list an associated price of $46.06 and indicate the units will be settled upon the reporting person's retirement or other termination of service. The filing was signed by Elizabeth R. Kremer under power of attorney on 09/11/2025. The report reflects compensation-related equity accruals rather than open-market purchases or dispositions of common stock.
- Disclosure of equity accruals shows alignment of the officer's compensation with company stock value
 - Units are deferred and will be settled at retirement, supporting retention incentives
 
- None.
 
Insights
TL;DR: Routine disclosure of compensation-related equity accruals; no open-market trading or change in control reported.
The Form 4 documents grant/accrual of restricted stock dividend equivalents and phantom stock units for an officer/director. These items are described as to be settled at termination or retirement, which is a common design for deferred compensation and retention. The filing does not report exercise, sale, or transfer of underlying common shares, nor does it show an increase in immediate voting control. For investors, this is a governance disclosure confirming standard executive compensation mechanics rather than a market-moving insider trade.
TL;DR: Grants reflect deferred compensation mechanics and continued alignment with shareholder value through equity-linked instruments.
The reported additions—355.8 restricted stock dividend equivalents and 478.7 phantom stock units—are economically tied to common stock value and will be settled upon termination, consistent with long-term incentive structures. The entry lists $46.06 as the price metric associated with the reporting line. No immediate dilution, cash purchase, or exercised options are recorded. This is a routine accrual for an officer and typically has limited near-term cash or share-count impact.