Fuller Rodger D 4

What Happened
Rodger D. Fuller, Chief Operating Officer of Sonoco Products Co. (SON), received an award of 41.6 dividend-equivalent restricted-stock units (derivative shares) on 2026-03-10. The units are valued at $53.29 each, for a total economic value of about $2,217. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and filing: Transaction reported for 2026-03-10; Form 4 filed 2026-03-11 (timely filing).
• Security and amount: 41.6 dividend-equivalent restricted-stock units @ $53.29 each; total ~$2,217.
• Transaction type: Award/Grant of derivative units (code A).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: (F1) Each dividend equivalent unit is the economic equivalent of one share of Sonoco common stock. (F2) These quarterly dividend-equivalent rights on Restricted Stock will be settled upon the reporting person's retirement or other termination of service.
• No 10b5‑1 plan, tax-withholding sale, or immediate sale noted.

Context
Dividend-equivalent RSU awards are a form of compensation that accrues value tied to the company’s stock price but are derivative and typically settle later (here upon retirement/termination). The grant is small (~$2.2K) and routine compensation-related activity, so it should not be interpreted on its own as a strong bullish or bearish signal.