Gandhi Aditya 4

What Happened

• Aditya Gandhi, Chief Administrative Officer of Sonoco Products Company (SON), received equity awards on 2026-02-19: two grants totaling 3,845 restricted stock units (RSUs). The grants were 478 RSUs at $43.64 (reported value $20,860) and 3,367 RSUs at $56.07 (reported value $188,788), for a combined reported value of $209,648. To cover tax withholding, 171 shares (treated as a disposition) were surrendered at $43.64 for $7,462.
• These were compensation awards (not an open‑market purchase). The larger grant is a derivative award (RSUs) that converts to shares on vesting rather than an immediate sale.

Key Details

• Transaction date: 2026-02-19; filing date: 2026-02-23 (filed within the Form 4 reporting window).
• Grants: 478 RSUs @ $43.64 (value $20,860); 3,367 RSUs (derivative) @ $56.07 (value $188,788).
• Tax withholding: 171 shares disposed @ $43.64 for $7,462 (code F — withholding to satisfy tax obligations).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each RSU equals a contingent right to one common share; F2 — RSUs vest starting one year from grant in three annual installments (33%, 33%, 34%).
• Transaction codes: A = award/grant; F = tax withholding/disposition.

Context

• RSU grants are a common form of executive compensation and will only convert into stock as they vest per the stated schedule; they are not the same as an outright purchase by the insider. Tax‑withholding disposals are routine and do not necessarily indicate trading intent.