SONOCO PRODUCTS CO 8-K

What Happened
Sonoco Products Company announced that on February 10, 2026 its Board of Directors, following the Corporate Governance and Nominating Committee's recommendation, appointed Craig L. Nix as an independent director. Mr. Nix was named to the Board’s Audit Committee and Financial Policy Committee and will stand for election at Sonoco’s 2026 Annual General Meeting. The company issued a press release on February 12, 2026 announcing the appointment.

Key Details

• Appointment date: February 10, 2026; press release dated February 12, 2026 (Exhibit 99.1).
• Committee assignments: Audit Committee and Financial Policy Committee.
• Status: Independent director; will stand for election at the 2026 Annual General Meeting.
• Compensation and disclosures: Mr. Nix will receive standard non-employee director pay per Sonoco’s proxy (filed March 14, 2025); no related-party transactions disclosed under Item 404.

Why It Matters
Board appointments affect corporate governance and oversight—adding an independent director with Audit Committee placement strengthens financial oversight and policy review capacity. Because Mr. Nix will stand for shareholder election at the next annual meeting and has no disclosed related-party interests, investors should view this as a routine board refreshment rather than a transaction with immediate financial impact.