Boyd Steven L 4

What Happened

• Steven L. Boyd, a director of Sonoco Products Company (SON), was credited with 114.2 phantom shares on 2026-06-10 as an award/acquisition under the company's directors' deferred compensation plan.
• The filing reports the derivative award at $48.99 per share, for a notional value of approximately $5,595. This was an award/compensation credit, not an open-market purchase.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely — within typical 2-business-day window).
• Transaction type: A (Award/Acquisition of derivative interest).
• Shares/units received: 114.2 phantom shares at $48.99 each; total notional value ≈ $5,595.
• Shares owned after the transaction: Not reported in the provided filing.
• Footnotes: F1 — each phantom share is the economic equivalent of one common share; F2 — these units were credited as a quarterly dividend on the directors' deferred compensation plan and will be settled upon the reporting person’s retirement or other termination of service.

Context

• This was a compensation-related derivative award (phantom stock). Phantom shares convey economic exposure but do not represent immediate issuance of common stock; settlement occurs later per plan terms. Such credits are routine director compensation and are not direct indicators of a director buying or selling actual company stock.