Kyle Richard G 4

What Happened

• Kyle Richard G, a director of Sonoco Products Company (SON), was granted 657.1 phantom stock units on 2026-04-01. The units are recorded at $55.17 each for a total economic value of $36,252. This transaction is an award (derivative grant) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-04-01 at $55.17 per unit (total $36,252).
• Transaction type: A (Award/Grant) — derivative phantom stock units.
• Shares owned after transaction: Not stated in the provided filing.
• Footnotes: F1 — each phantom stock unit equals the economic equivalent of one share of Sonoco common stock; F2 — units were accrued under the Sonoco directors' deferred compensation plan and will be settled in Sonoco common stock six months after the reporting person's retirement.
• Filing timeliness: Report filed 2026-04-02 for a 2026-04-01 transaction (appears timely under Form 4 rules).

Context

• These phantom stock units are a form of deferred compensation for directors and represent future economic exposure to Sonoco stock rather than an immediate purchase of shares. Such grants are common for director compensation and do not by themselves indicate a buy or sell signal.