Sonoco Products Co: director Eleni Istavridis received 747.4 shares

What happened

• The filing shows director Eleni Istavridis received 747.4 phantom stock units (derivative) as a grant at $48.50 per share, totaling $36,249 on Oct 1, 2026.

Key details

• Transaction date and price: Oct 1, 2026, at $48.50 per share (transaction code A: award/grant).
• Filing date and report period: Form 4 filed Oct 5, 2026; period of report Oct 1, 2026.
• Shares owned after the transaction: not specified in the filing.
• Footnotes per the filing: F1 — each phantom stock unit is the economic equivalent of one share of common stock; F2 — the phantom stock units were accrued under the directors deferred compensation plan and are to be settled in common stock 6 months after the reporting person's retirement.
• Derivative notation: the filing identifies this as a derivative award.

Why it may matter

• This was a grant of phantom stock units to a director that will be settled in common stock per the plan terms.
• The filing does not show why the insider traded or why the company acted.