Haynes Ernest D III 4
Research Summary
AI-generated summary
Sonoco (SON) President Ernest D. Haynes III Sells 1,581 Shares
What Happened Ernest D. Haynes III, President—Consumer Packaging Americas at Sonoco Products Co. (SON), sold 1,581 shares of Sonoco common stock in an open-market transaction on February 27, 2026. The shares were disposed at $56.39 per share for a total transaction value of $89,153. This was a sale (S) rather than a purchase; sales by executives can be routine (e.g., diversification or liquidity) and do not necessarily signal a change in company outlook.
Key Details
- Transaction date: 2026-02-27
- Transaction type: Open-market sale (Code S)
- Shares sold: 1,581 at $56.39 per share
- Total value: $89,153
- Filing date / accession: Report filed on 2026-02-27 (same day as the transaction)
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnotes / plans: No 10b5-1 plan, tax withholding, or other footnotes were specified in the provided information
Context
- Sales by executives are common and may reflect personal financial planning rather than a view on the company's prospects; purchases tend to be more indicative of insider confidence.
- Nothing in the excerpt indicates an option exercise, gift, or other derivative transaction—this was a straightforward share disposal.