SON Form 4: Director Kyle Records 306.6 Phantom Units in Deferred Plan

Rhea-AI Filing Summary

Kyle Richard G, a director of Sonoco Products Company (SON), acquired 306.6 phantom stock units on 09/10/2025 as a quarterly dividend under the company's directors' deferred compensation plan; each phantom unit is economically equivalent to one share of Sonoco common stock and will be settled upon the reporting person's retirement or other termination of service. The reported acquisition lists a per-share economic price of $46.06 and shows 26,950.3 shares of common stock beneficially owned following the transaction. The Form 4 was submitted on behalf of the reporting person by Elizabeth R. Kremer under power of attorney on 09/11/2025.

Insights

Corporate Governance Expert

TL;DR Routine director deferred-compensation accrual converted to phantom stock units; no immediate cash or open-market trading implied.

The filing documents a non-derivative economic grant: 306.6 phantom stock units were credited as a quarterly dividend under the directors' deferred compensation plan and will settle in common shares upon termination or retirement. This is a standard governance practice to align directors' long-term interests with shareholders. The transaction does not indicate an exercise, sale, or other cash proceeds event and appears administrative rather than signaling a change in ownership intent.

Securities Analyst

TL;DR Small-size accrual in phantom units recorded; immaterial to market capitalization and liquidity.

The report shows an economic price reference of $46.06 and a post-transaction beneficial ownership of 26,950.3 shares for the reporting person. Given the scale of the position relative to typical public-company float, the issuance of 306.6 phantom units is unlikely to be material to Sonoco's valuation or share dynamics. No sale or external financing event is disclosed.

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

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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^*

Kyle Richard G

(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		306.6		(2)	(2)	Common Stock	306.6	$46.06	26,950.3	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 Richard G. Kyle	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 the Form 4 filed for SON report?

The Form 4 reports that director Kyle Richard G acquired 306.6 phantom stock units on 09/10/2025 under the directors' deferred compensation plan; units will settle at termination.

How many shares does the reporting person beneficially own after the transaction for SON?

The filing shows 26,950.3 shares of common stock beneficially owned following the reported transaction.

What is the economic value or price referenced in the Form 4 for the phantom units?

The filing references an economic price of $46.06 per share for the phantom stock units.

When was the Form 4 filed and who signed it for the reporting person?

The Form 4 was submitted on 09/11/2025 and signed by Elizabeth R. Kremer under power of attorney for Richard G. Kyle.

Will the phantom stock units be converted to actual shares immediately?

No; the filing states the phantom units "will be settled upon the reporting person's retirement or other termination of service."