Joachimczyk Paul 4

What Happened
Paul Joachimczyk, Chief Financial Officer of Sonoco Products Company (SON), was granted 2,296 restricted stock units (RSUs) on 2026-06-30. The filing reports the award as a derivative acquisition at $0.00 per unit (typical for RSU grants). No immediate cash purchase or sale occurred—this is a compensation award rather than an open-market trade.

Key Details

• Transaction date: 2026-06-30; Report filed with the SEC: 2026-07-07.
• Award: 2,296 restricted stock units (reported acquisition price $0.00).
• Shares owned after transaction: not specified in the provided filing.
• Footnote F1: Each RSU represents a contingent right to receive one share of Sonoco common stock.
• Footnote F2: RSUs vest 3 years from the grant date; vested shares will be paid to the reporting person six months following retirement or termination of service.
• Filing timeliness: The Form 4 was filed seven days after the grant date, which is later than the SEC’s standard two-business-day deadline for Form 4 disclosures.

Context
RSU grants are a form of equity compensation and do not reflect an immediate market purchase or sale. Because these units vest over time and have a delayed settlement provision tied to retirement/termination, they are not immediately liquid and are primarily a retention/compensation mechanism. The late filing is an administrative detail investors may note but does not by itself indicate intent or change the nature of the award.