White Andrea B. 4
Research Summary
AI-generated summary
Sonoco (SON) CHRO Andrea White Receives Award of 24.8 Shares
What Happened
- Andrea B. White, Chief Human Resources Officer of Sonoco Products Co. (SON), received an award of 24.8 derivative shares on 2026-03-10. The filing values the award at $53.29 per unit for a total reported value of $1,322. This transaction is coded as an award/grant (A) — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-10; filing date: 2026-03-11 (filed timely).
- Award: 24.8 dividend-equivalent units on restricted stock @ $53.29 each; total $1,322.
- Type: Derivative — dividend equivalents on restricted stock units (RSUs), not common shares traded in the market.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: (F1) Each dividend equivalent unit equals the economic equivalent of one share of Sonoco common stock. (F2) These dividend equivalents were granted quarterly and will be settled upon the reporting person's retirement or other termination of service.
Context
- This is a compensation-related award (dividend-equivalent rights on RSUs) and does not reflect an open-market purchase or sale. Such grants are routine for executive compensation and should not be interpreted solely as a buy or sell signal.