SONOCO PRODUCTS CO·4

Jun 12, 6:46 PM ET

Haley John R 4

Research Summary

AI-generated summary

Updated

Sonoco (SON) Director Haley John R Receives Award

What Happened

  • Haley John R, a director of Sonoco Products Co. (SON), received a grant/award of 924.8 phantom shares (derivative) on 2026-06-10 at an effective value of $48.99 each, totaling $45,306. This was an award under the company’s directors' deferred compensation arrangement rather than an open-market purchase.

Key Details

  • Transaction date and value: 2026-06-10 — 924.8 phantom shares @ $48.99 each; total $45,306.
  • Transaction type: A (Grant/Award) — derivative phantom stock, not immediate common-stock ownership.
  • Shares owned after transaction: Not specified in the filing.
  • Filing date: 2026-06-12 — filed two days after the transaction (appears timely).
  • Footnotes:
    • Each phantom share equals the economic equivalent of one common share.
    • These phantom shares were acquired via a quarterly dividend in the directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

Context

  • This is a deferred-compensation award (derivative phantom stock) that provides economic exposure to Sonoco shares but will be settled later — it does not represent an immediate open-market purchase or sale.
  • Such awards are routine for directors and reflect compensation mechanics rather than an explicit buy or sell signal.