Fuller Rodger D 4

What Happened

• Rodger D. Fuller, Chief Operating Officer of Sonoco Products Co. (SON), had 4,787 restricted stock units (RSUs) convert into common shares on Feb 13, 2026. The filing shows a gross value of those shares at $51.67 each (≈ $247,344). To cover tax withholding, 1,572 of the shares were withheld (value ≈ $81,225), leaving a net ~3,215 shares delivered to Fuller (net value ≈ $166,119).
• This was a vesting/settlement of RSUs (conversion at $0.00 per share) and not an open-market purchase — a routine compensation event rather than a buy/sell decision.

Key Details

• Transaction date: 2026-02-13; Filing date (Form 4): 2026-02-17.
• Prices reported: $0.00 (conversion basis for RSUs) and $51.67 (fair market value used for tax withholding and valuation).
• Shares: 4,787 RSUs converted; 1,572 shares withheld for taxes (code F); net ~3,215 shares retained by the insider.
• Dollar amounts: gross value ≈ $247,344; tax withholding value ≈ $81,225; net value ≈ $166,119.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: RSUs vest on a 33% / 33% / 34% annual schedule beginning one year from grant (per footnote F1).
• Filing timeliness: Form filed Feb 17, 2026; no late-filing flag indicated in the provided data.

Context

• This is a standard RSU vest-and-settle event. The conversion at $0.00 means Fuller did not pay an exercise price; instead RSUs converted to shares, and the company withheld shares to satisfy tax withholding (a common practice, sometimes called net-share settlement).
• Such vesting events are compensation-related and don’t necessarily signal the insider’s view on the stock; purchases are generally more informative about bullish sentiment.