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[Form 4] Sonoco Products Company Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Insider grant recorded under Sonoco Products Company (SON) director plan. Philippe Guillemot, a company director, acquired 293 phantom stock units on 09/10/2025 as a quarterly dividend under the directors' deferred compensation plan. Each phantom unit is the economic equivalent of one share of Sonoco common stock and is shown at a per-share price of $46.06. The units will be settled upon the reporting person’s retirement or other termination of service. Following the acquisition, Guillemot’s beneficial ownership is reported as 25,759.9 shares, held directly.

Positive
  • 293 phantom stock units were acquired and properly reported, demonstrating compliance with Section 16 disclosure rules
  • Phantom units are explicitly defined as the economic equivalent of one share of Sonoco common stock
  • Settlement terms disclosed: units will be settled upon retirement or termination, providing clarity on timing
Negative
  • None.

Insights

TL;DR: Routine director compensation via phantom stock; no cash sale or option exercise reported.

This Form 4 documents a non-cash accrual of 293 phantom stock units granted as a quarterly dividend under the directors' deferred compensation plan. Phantom units are stated as economically equivalent to common shares and will settle on termination or retirement, so the transaction represents compensation accrual rather than a market trade. The filing shows direct beneficial ownership of 25,759.9 shares after the accrual. There is no indication of a sale, option exercise, or change in control; the disclosure appears procedural and not immediately dilutive to outstanding common shares.

TL;DR: Governance-standard deferred-compensation posting for a director; timing and settlement terms disclosed.

The report clarifies that phantom stock units are used within the directors' deferred compensation plan and were acquired as a dividend. The filing includes the nature of settlement (upon retirement or termination) and identifies the units as direct holdings. Signature and POA information are provided, indicating formal compliance with Section 16 reporting requirements. The disclosure meets routine governance transparency for director compensation.

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*
Guillemot Philippe

(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 293 (2) (2) Common Stock 293 $46.06 25,759.9 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.
Elizabeth R Kremer Power of Attorney for Philippe Guillemot 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 Philippe Guillemot report on Form 4 for SON?

He acquired 293 phantom stock units on 09/10/2025 under the directors' deferred compensation plan; the units are economic equivalents of common shares.

How many shares does Philippe Guillemot beneficially own after the reported transaction?

25,759.9 shares of Sonoco common stock are reported as beneficially owned following the acquisition.

When will the phantom stock units be settled?

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

What price is shown for the phantom stock units on the Form 4?

$46.06 per unit is reported in the Form 4 for the underlying common stock amount.

Was the Form 4 filed by one reporting person or multiple?

The form was filed by one reporting person, as indicated on the filing.
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