[Form 4] Sonoco Products Company Insider Trading Activity

Rhea-AI Filing Summary

Steven L. Boyd, a director of Sonoco Products Company (SON), acquired 89.2 phantom stock units on 09/10/2025 under the company's directors' deferred compensation plan. Each phantom stock unit is the economic equivalent of one share of Sonoco common stock and the units were credited as a quarterly dividend deferral. The reported per-share value is $46.06. The units will be settled upon Mr. Boyd's retirement or other termination of service. Following the reported transaction, Mr. Boyd is shown as beneficially owning 7,840.4 shares (direct).

Positive

• Director compensation credited: 89.2 phantom stock units were acquired as a quarterly dividend deferral.
• Clear disclosure of settlement terms: Units will be settled upon retirement or termination, explicitly stated.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director compensation; 89.2 phantom units credited as dividend deferral, non-cash benefit tied to future settlement.

The Form 4 shows a non-cash grant of 89.2 phantom stock units to Director Steven L. Boyd on 09/10/2025 at a reported per-share value of $46.06. The filing indicates these units are credited as a quarterly dividend under the directors' deferred compensation plan and will be settled only upon retirement or termination, so there is no immediate issuance of common shares or cash transfer documented here. This type of entry is typically routine and reflects standard director compensation mechanics rather than a market-moving event.

Corporate Governance Expert

TL;DR: Standard disclosure of deferred director compensation; settlement contingent on future employment status.

The Form 4 discloses that the acquired instruments are phantom stock units, explicitly defined as economic equivalents to common shares and earned via a dividend deferral. The units' settlement timing—upon retirement or termination—is stated in the explanation. The filing is specific about the nature of the award and follows Section 16 reporting requirements for insiders; there is no indication of accelerated settlement, derivative exercise, or unusual transaction codes beyond the acquisition entry.

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
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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^*

Boyd Steven L

(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		89.2		(2)	(2)	Common Stock	89.2	$46.06	7,840.4	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 Steven L Boyd	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 Steven L. Boyd report on the SON Form 4?

He reported receipt of 89.2 phantom stock units under the directors' deferred compensation plan on 09/10/2025.

How are the phantom stock units defined in the filing?

Each phantom stock unit is the economic equivalent of one share of Sonoco Products Company common stock.

When will the phantom stock units be settled for SON director Steven L. Boyd?

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

What per-share value is shown for the reported units on the SON Form 4?

The filing lists a per-share price of $46.06 associated with the reported phantom stock units.

How many shares does Steven L. Boyd beneficially own after the transaction according to the Form 4?

The Form 4 reports 7,840.4 shares beneficially owned (direct) following the reported transaction.