Fuller Rodger D 4

What Happened
Rodger D. Fuller, Chief Operating Officer of Sonoco Products Co. (SON), received an equity award on 2026-02-19 consisting of 9,175 shares valued at $43.64 each (total ≈ $400,397). At the same time, 3,046 shares were surrendered/withheld (at $43.64) to cover tax obligations (value ≈ $132,927). In addition, Fuller was granted 657 restricted stock units (RSUs / derivative awards) and had 24 RSUs withheld for taxes (derivative entries recorded at $0).

Key Details

• Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (timely filing).
• Main award: 9,175 shares @ $43.64 (grant/award, code A) — value ≈ $400,397.
• Tax withholding: 3,046 shares @ $43.64 surrendered (code F) — value ≈ $132,927.
• Derivative award: 657 RSUs granted (code A, recorded $0); 24 RSUs withheld (code F, $0).
• Footnotes: RSUs represent contingent rights to one share each; vesting is immediate and deferred and vested shares are paid six months following retirement or termination (see filing footnotes F1–F5). The filing notes shares were cashed out to account for withholding taxes.
• Shares owned after the transactions: Not specified in the filing.

Context

• These entries are award grants with routine tax withholding rather than open-market purchases or sales. The withholding transactions (code F) represent shares used to satisfy tax liabilities tied to the awards, not a market sale for investment reasons.
• RSUs are derivative awards that convert to common stock under the terms described; some portion vests immediately and some is deferred with payout timing tied to retirement/termination.