Coker R. Howard 4

What Happened
Coker R. Howard, President & CEO of Sonoco Products Co. (SON), was granted 719.4 derivative shares (dividend-equivalent rights on Restricted Stock units) on March 10, 2026. The filing values the award at $53.29 per share for a total economic value of $38,337. 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, not marked late).
• Instrument: 719.4 dividend-equivalent shares on Restricted Stock units (reported as a derivative award).
• Price/value: $53.29 per share; total reported value $38,337.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes:
  • F1 — Each dividend-equivalent share is the economic equivalent of one share of Sonoco common stock.
  • F2 — These are quarterly dividend-equivalent rights on Restricted Stock that will be settled upon the reporting person's retirement or other termination of service.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise is disclosed in this filing.

Context
This is a grant of dividend-equivalent rights tied to Restricted Stock units (a derivative award), which typically vest or settle per plan rules and do not reflect an open-market purchase or sale. Such awards are common forms of executive compensation and are not direct indications of immediate buying or selling activity.