Sonoco Products Co: director Drew Theresa J received 747.4 shares

What happened Drew Theresa J, a director of Sonoco Products Co, received 747.4 phantom stock units as an award on Oct 1, 2026. The filing lists a price of $48.50 per unit and a total value of $36,249. The award is reported as a derivative grant.

Key details

• Transaction date and price: Oct 1, 2026; $48.50 per unit.
• Shares acquired: 747.4 phantom stock units; total reported value $36,249.
• Shares owned after the transaction: not reported in this filing.
• Footnotes: each phantom stock unit is the economic equivalent of one share of Sonoco Products Co common stock (F1). The phantom stock units were accrued under the directors deferred compensation plan and are to be settled in common stock six months after the reporting person’s retirement (F2).
• Filing date: Oct 5, 2026. The filing does not indicate timeliness status.

Why it may matter This was an award of phantom stock units under a deferred compensation plan, to be settled in shares later rather than an open-market purchase or sale. A filing does not show why the insider traded or why the company acted.