Wood Adam 4

What Happened

• Adam Wood, Vice President, Paper Products Europe at Sonoco Products Company (SON), was granted 150.4 restricted stock units (reported as a derivative award) on March 10, 2026. The award is reported at $53.29 per share, for a notional value of $8,015.
• This was an award/grant (transaction code A), not an open‑market purchase or sale. RSUs are a form of deferred compensation and do not represent immediate sale or purchase of common stock.

Key Details

• Transaction date: 2026-03-10; filing date: 2026-03-11 (filing appears timely).
• Grant details: 150.4 RSUs @ $53.29 each; total reported value $8,015. Reported as a derivative award.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes:
  • F1: Dividend equivalents on RSUs are the economic equivalent of one share of Sonoco common stock.
  • F2: Quarterly dividend equivalent rights were acquired on the RSUs and will be settled upon the reporting person's retirement or other termination of service.
• Transaction code: A = Award/Grant.

Context

• RSU awards are common executive compensation; they vest or settle per company plan and are generally considered deferred equity compensation rather than an immediate market bet.
• The filing indicates dividend equivalent rights tied to the RSUs will be paid/settled later, which can affect eventual share issuance but does not change the nature of this award.