[Form 4] Sonoco Products Company Insider Trading Activity
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.
- 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
 
- 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.