WHIDDON THOMAS E 4

What Happened

• Thomas E. Whiddon, a director of Sonoco Products Company (SON), received 666.1 phantom shares (derivative award) on 2026-03-10. The award is reported at $53.29 per share for a total value of approximately $35,496. This is an award/acquisition (code A) tied to the company's directors' deferred compensation plan, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-10; Filing date: 2026-03-11 (timely filing).
• Award: 666.1 phantom shares at $53.29/share; total reported value ≈ $35,496.
• Transaction type: Derivative grant/award (phantom stock) under deferred comp — code A.
• Shares owned after the transaction: Not specified in the filing.
• Footnotes:
  • F1: Each phantom share equals the economic equivalent of one Sonoco common share.
  • F2: These phantom shares were acquired as a quarterly dividend on the directors' deferred compensation plan and will be settled upon Whiddon’s retirement or other termination of service.

Context

• Phantom stock awards are deferred compensation and do not reflect an immediate market purchase or sale; they will be settled in the future, typically at termination/retirement. Such awards are routine for director pay and should be viewed as compensation rather than a direct indicator of short-term insider sentiment.