John M. Florence - 10 Dec 2024 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
Gnl Council, Secy, VP
Signature
By:Elizabeth R Kremer - Power of Attorney for John M. Florence
Issuer symbol
SON
Transactions as of
10 Dec 2024
Net transactions value
+$21,021
Form type
4
Filing time
12 Dec 2024, 15:24:58 UTC
Previous filing
05 Nov 2024
Next filing
12 Feb 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SON Dividend Equivalents on Restricted Stock Units Award $11,609 +226 +9.8% $51.46 2,519 10 Dec 2024 Common Stock 226 $0.000000 Direct F1, F2
transaction SON Phantom Stock Units Award $9,412 +183 +1% $51.46 18,281 10 Dec 2024 Common Stock 183 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
F2 Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
F3 Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
F4 Acquired on quarterly dividend on Sonoco Products Company's officers' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.