SONOCO PRODUCTS CO·4

Jun 12, 6:12 PM ET

DAVIES PAMELA LEWIS 4

4 · SONOCO PRODUCTS CO · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

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Sonoco (SON) Director Pamela Davies Receives Award of 753 Shares

What Happened
Pamela Lewis Davies, a director of Sonoco Products Company, was credited with an award/acquisition of 752.9 phantom shares on June 10, 2026. The unit price reported is $48.99, for a total economic value of $36,885. This was an award under Sonoco’s directors' deferred compensation plan (a derivative/phantom stock grant), not an open-market purchase or sale.

Key Details

  • Transaction date and terms: 2026-06-10 — 752.9 phantom shares @ $48.99 each, total $36,885 (transaction code A: award/acquisition).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes:
    • Each phantom share equals the economic equivalent of one share of Sonoco common stock.
    • The units were credited as a quarterly dividend election under the directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
  • Filing timeliness: Form 4 was filed on 2026-06-12 for a 2026-06-10 transaction — appears timely (Form 4 is typically due within two business days).

Context
This was a derivative award (phantom stock) tied to a director deferred compensation plan, meaning Davies did not receive tradable common shares immediately. Such awards are routine compensation for directors and do not, by themselves, indicate a buy or sell signal in the open market.

Insider Transaction Report

Form 4
Period: 2026-06-10
Transactions
  • Award

    Phantom Stock Units

    [F1][F2]
    2026-06-10$48.99/sh+752.9$36,88569,055.7 total
    Common Stock (752.9 underlying)
Footnotes (2)
  • [F1]Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
  • [F2]Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
Signature
By: Elizabeth R. Kremer - Power of Attorney for Pamela L. Davies|2026-06-12

Documents

1 file
  • 4
    doc4.xmlPrimary