SONOCO PRODUCTS CO·4

Feb 23, 6:01 AM ET

White Andrea B. 4

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Sonoco (SON) CHRO Andrea White Receives RSU Award

What Happened Andrea B. White, Chief Human Resources Officer of Sonoco Products Company (SON), received equity awards on Feb 19, 2026. The filing shows a grant/acquisition of 478 shares at $43.64 per share (valued at $20,860) and the grant of 7,694 and 324 restricted stock units (RSUs) reported as derivative awards (totaling 8,018 RSUs). To satisfy withholding obligations, 146 shares were disposed/withheld at $43.64 (reported value $6,371). The primary activity is an award/grant (not an open-market purchase or sale); the 146-share disposition is tax withholding.

Key Details

  • Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (filed within typical 2-business-day window).
  • Grant details: 478 shares acquired @ $43.64 (value $20,860); 7,694 RSUs and 324 RSUs reported as derivative awards (no cash value listed in filing).
  • Tax/withholding: 146 shares disposed/withheld @ $43.64 (value $6,371) to cover tax liability (code F).
  • Shares owned after transaction: Not specified in this filing.
  • Footnotes of note:
    • Each RSU represents a contingent right to one share of common stock.
    • RSUs vest beginning one year from grant in three annual installments (33%, 33%, 34%).
    • Vested RSUs are immediately deferred; vested shares are paid six months following retirement or termination.
  • No 10b5-1 trading plan or other trading program is disclosed in the filing.

Context

  • These entries are equity awards (RSUs and a share grant) — routine compensation for executives rather than open-market buying or selling. The 146-share disposition is a tax-withholding action, not a market sale intended to realize investment proceeds.
  • RSUs are derivative awards that convert to shares only upon vesting and are subject to the vesting and deferral rules stated in the footnotes.