Wood Adam 4

What Happened

• Adam Wood, Vice President, Paper Products Europe at Sonoco Products Co. (SON), reported vested restricted stock units on 2026-02-13. The filing shows 635 shares converted/issued (reported as exercise/conversion, code M) and a sale/disposition of 635 shares at $51.67 for $32,810. In addition, 299 shares were withheld to cover taxes (code F) valued at $51.67 each for ~$15,449.
• This appears to be a routine RSU vesting event combined with tax-withholding and a recorded disposition/sale.

Key Details

• Transaction date: 2026-02-13.
• Reported entries:
  • M: 635 shares acquired via exercise/conversion at $0.00 (reported as 635 shares @ $0.00).
  • F: 299 shares withheld for taxes at $51.67 (value $15,449).
  • M (disposed/derivative): 635 shares disposed/sold at $51.67 (value $32,810).
• Shares owned after the transactions: not specified in the supplied data (the report lists the acquisition and disposition but does not show post-transaction holdings here).
• Footnote: F1 — these are restricted stock units that vest 33% / 33% / 34% per year beginning one year from the date of grant.
• Timeliness: No late filing indicator provided in the supplied data.

Context

• RSU vesting and tax-withholding are common: companies often satisfy tax obligations by withholding a portion of vested shares (code F). The filing also records a disposition (sale) of shares at the same price; review the full Form 4 for the exact mechanics (cashless sale vs. post-vesting sale).
• These transactions document issuance, withholding, and sale activity; they are routine insider actions and do not by themselves indicate company outlook.