Sonoco Products (NYSE: SON) director granted 657 Phantom Stock Units in deferred plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kyle Richard G reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products director Kyle Richard G reported a compensation-related grant of 657.1000 Phantom Stock Units on 2026-04-01. Each unit is economically equivalent to one share of Sonoco Products common stock at a reference value of $55.1700 per unit. The units were accrued under the directors deferred compensation plan and will be settled in common stock 6 months after his retirement. Following this grant, his phantom stock balance is 29906.0000 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kyle Richard G

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	657.1	$55.17	$36K

Holdings After Transaction: Phantom Stock Units — 29,906 shares (Direct)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

Key Figures

Phantom units granted: 657.1000 units Reference price per unit: $55.1700 per unit Total phantom units after grant: 29906.0000 units +1 more

4 metrics

Phantom units granted 657.1000 units Grant to director on 2026-04-01

Reference price per unit $55.1700 per unit Economic equivalent of common stock

Total phantom units after grant 29906.0000 units Director’s phantom stock balance following transaction

Underlying common stock 657.1000 shares Underlying security for the phantom units

Key Terms

Phantom Stock Units, directors deferred compensation plan, economic equivalent

3 terms

Phantom Stock Units financial

"Each share of phantom stock is the economic equivalent of one share"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

directors deferred compensation plan financial

"were accrued under the Sonoco Products Company directors deferred compensation plan"

A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 05:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kyle Richard G

(Last)

(First)

(Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE

SOUTH CAROLINA

29551-0160

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	04/01/2026		A		657.1		⁽²⁾	⁽²⁾	Common Stock	657.1	$55.17	29,906	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

	By: Elizabeth R. Kremer - Power of Attorney for Richard G. Kyle	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco Products (SON) director Kyle Richard G receive in this Form 4?

He received 657.1000 Phantom Stock Units as a compensation-related grant. These units are tied to Sonoco Products common stock and were awarded under the company’s directors deferred compensation plan, increasing his phantom stock holdings to 29906.0000 units.

How are the Phantom Stock Units reported by Sonoco Products (SON) valued?

The 657.1000 Phantom Stock Units are referenced at $55.1700 per unit. Each unit is the economic equivalent of one share of Sonoco Products common stock, aligning the director’s compensation with the company’s share value over time.

When will the Sonoco Products (SON) Phantom Stock Units be settled?

The Phantom Stock Units will be settled in Sonoco Products common stock 6 months after the director’s retirement. This delayed settlement structure is part of the directors deferred compensation plan, linking ultimate payout to the director’s post-retirement timeline.

How many Phantom Stock Units does the Sonoco Products (SON) director hold after this grant?

After the 657.1000-unit grant, the director holds a total of 29906.0000 Phantom Stock Units. This figure represents his accumulated balance under the Sonoco Products directors deferred compensation plan as of the transaction date reported.

Are the Sonoco Products (SON) Phantom Stock Units equivalent to common shares?

Each Phantom Stock Unit is the economic equivalent of one share of Sonoco Products common stock. While they are not actual shares until settlement, their value tracks the company’s common stock on a one-for-one basis for compensation purposes.