Joachimczyk Paul 4

What Happened Paul Joachimczyk, Chief Financial Officer of Sonoco Products Company (SON), was granted 29.6 dividend-equivalent restricted stock unit shares on June 10, 2026. The report lists an acquisition price equivalent of $48.99 per share, for a total economic value of roughly $1,450. This transaction is an award (derivative) — not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; reported on Form 4 filed 2026-06-12 (timely).
• Transaction type/code: A — Grant/award (derivative dividend-equivalent rights on RSUs).
• Amount: 29.6 dividend-equivalent RSU shares at $48.99 each; total ≈ $1,450.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each dividend equivalent equals the economic value of one share of Sonoco common stock; F2 — these quarterly dividend-equivalent rights on RSUs will be settled upon the reporting person's retirement or other termination of service.

Context Dividend-equivalent awards on RSUs are a form of compensation and typically reflect routine executive pay rather than an active buy/sell decision. Because these are derivative rights that will be settled later (per F2), they do not represent immediately tradable shares.