White Andrea B. 4

What Happened

• Andrea B. White, Chief Human Resources Officer at Sonoco Products Company, reported the vesting/conversion of 374 restricted stock units (RSUs) on Feb 13, 2026 (reported as an M-code exercise/conversion). The filing shows 134 shares were surrendered/withheld to cover tax obligations at $51.67 per share (F-code) for $6,924, and a disposition of 374 shares at $51.67 each for $19,325 (M-code, derivative disposition).
• This appears to reflect RSU vesting with shares withheld for taxes and a same-day sale(s). Purchases are typically more informative; this is a routine vesting/withholding/sale event rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-13; reported on Form 4 filed 2026-02-17 (filed within normal SEC reporting timeframe).
• Prices and amounts reported:
  • 374 RSUs converted to 374 shares (acquired at $0.00).
  • 134 shares withheld for tax liability at $51.67/share = $6,924 (F-code).
  • 374 shares disposed (derivative) at $51.67/share = $19,325 (M-code).
• Shares owned after the transaction: Not disclosed in the filing.
• Footnotes: F1 notes each RSU equals one share on settlement; F2 notes RSUs vest in three annual installments starting one year after grant.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion), F = withholding to satisfy tax liability.

Context

• For retail investors: this is a routine RSU vesting event with tax-withholding and share disposition (often called a sell-to-cover). Such transactions typically reflect compensation settlement and tax requirements rather than a direct signal of confidence or concern about the company’s prospects.
• No indication in the filing of a 10b5-1 plan or a gift; the filing appears timely.