MCGARVIE BLYTHE J 4

What Happened
Blythe J. McGarvie, a director of Sonoco Products Company (SON), was granted/acquired 370 phantom shares on June 10, 2026 at an attributed value of $48.99 each, for a total economic value of $18,126. This transaction is reported as a derivative award (phantom stock), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-10; filing date (Form 4): 2026-06-12 (filed within normal Form 4 timing).
• Amount: 370 phantom shares at $48.99 per share; total $18,126.
• Security type: Derivative (phantom stock / economic equivalent of common shares).
• Shares owned after transaction: Not stated in this filing.
• Footnotes: F1 — each phantom share equals the economic equivalent of one common share; F2 — these were acquired via the quarterly dividend credit on the directors' deferred compensation plan and will be settled upon the reporting person's retirement or termination of service.

Context
Phantom shares are a form of deferred compensation that track the economic value of common stock but are settled in cash or stock at a later date (here, on retirement/termination). This award reflects routine director compensation and does not represent an immediate purchase of tradable shares.