HILL ROBERT R JR 4

What Happened

• Robert R. Hill Jr., a director of Sonoco Products Company (SON), was granted 279.2 phantom shares (a derivative award) on 2026-03-10.
• The award was recorded at $53.29 per share, with an aggregate economic value of approximately $14,879. This was an award/acquisition (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-10; Filing date: 2026-03-11 (timely filing).
• Grant: 279.2 phantom shares at $53.29 each; total value ≈ $14,879.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: Each phantom share equals the economic equivalent of one share of Sonoco common stock.
  • F2: The phantom shares were acquired under the directors' deferred compensation plan (quarterly dividend credits) and will be settled when the director retires or otherwise leaves service.
• Filing status: No late-filing flags noted.

Context

• Phantom stock is a derivative/compensation award that tracks the value of company shares but is typically settled in cash or stock upon a future event (here, retirement or termination). It does not represent an immediate open-market purchase and is generally a routine form of director compensation rather than a direct signal of personal buying or selling.