Harrell James A. III 4

What Happened

• James A. Harrell III, President, Global Industrial Paper Packaging at Sonoco Products Company (SON), was granted 231 dividend-equivalent units tied to restricted stock on 2026-03-10. The filing values the award at $53.29 per share, for a total grant value of $12,310. This is an award/acquisition (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-10; SEC filing date: 2026-03-11 (timely filing).
• Grant: 231 dividend-equivalent units priced at $53.29 each; total value reported $12,310.
• Shares owned after the transaction: not specified in the filing.
• Footnotes:
  • F1 — Each dividend equivalent unit is the economic equivalent of one share of Sonoco common stock.
  • F2 — These are quarterly dividend-equivalent rights on Restricted Stock Units that will be settled upon the reporting person’s retirement or other termination of service.
• Transaction code: A (award/grant); derivative transaction (not an immediate transfer of common shares).

Context

• These are dividend-equivalent units on RSUs (derivative rights), meaning Harrell did not receive tradable common shares today; settlement will occur per the RSU plan upon retirement or termination. Such awards are routine compensation-related grants and do not directly indicate near-term buying or selling intent.