Haley John R 4
4 · SONOCO PRODUCTS CO · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Sonoco (SON) Director John R. Haley Receives Award of 808 Phantom Shares
What Happened John R. Haley, a director of Sonoco Products Company (SON), was granted 808.1 shares of phantom stock (derivative award) on 2026-03-10. The award is valued at $53.29 per share, for a total economic value of approximately $43,064. This was an award/acquisition under the company's directors' deferred compensation arrangement—not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-10; Price/value: $53.29 per share; Total value: ~$43,064.
- Transaction type: A (award/grant) — derivative (phantom stock).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: (1) Each phantom share equals the economic equivalent of one common share. (2) These phantom shares were acquired via the quarterly dividend credit under Sonoco’s directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
- Filing date: 2026-03-11 — filed promptly (within the usual Form 4 reporting window).
Context Phantom stock awards are dollar-denominated derivatives that track the value of common shares and are typically settled in cash or stock at a future date (here, upon retirement or termination). Such deferred-compensation credits are common for directors and are routine compensation events rather than direct signals of buying or selling sentiment.
Insider Transaction Report
- Award
Phantom Stock Units
[F1][F2]2026-03-10$53.29/sh+808.1$43,064→ 81,968.6 total→ Common Stock (808.1 underlying)
Footnotes (2)
- [F1]Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- [F2]Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.