Sonoco (SON) CFO Paul Joachimczyk Receives Award

What Happened
Paul Joachimczyk, Chief Financial Officer of Sonoco Products Co. (SON), was granted 55.9 dividend-equivalent shares tied to restricted stock units on September 10, 2026. The filing values the award at $48.43 per share for a total economic value of roughly $2,707. This was recorded as a derivative award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and terms: 2026-09-10 — 55.9 dividend-equivalent RSU shares @ $48.43 each (total ≈ $2,707).
• Transaction type: Award/other acquisition (derivative dividend-equivalent rights on RSUs).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — each dividend equivalent equals the economic value of one common share; F2 — these quarterly dividend-equivalent rights will be settled upon the reporting person's retirement or termination of service.
• Filing timeliness: Form 4 filed 2026-09-14 (within the standard two business-day reporting window for a 2026-09-10 transaction).

Context
This transaction reflects compensation-related dividend equivalents on restricted stock units rather than a cash purchase or sale of shares. Such awards are common as part of executive compensation and are settled later (per the filing), so they do not represent an immediate buy or sell decision by the insider.