Sonoco (SON) director Robert R. Hill Jr. receives 1,291.5 phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

HILL ROBERT R JR reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Robert R. Hill, Jr. received a grant of 1,291.5 Phantom Stock Units on Sonoco common stock. Each phantom unit is the economic equivalent of one Sonoco share, awarded at a reference price of $55.17 per unit.

Following this award, Hill holds 29,642.3 phantom stock units. The units were accrued under Sonoco’s directors deferred compensation plan and will be settled in Sonoco common stock six months after his retirement, making this a non-cash, compensation-related increase in his deferred equity exposure rather than an open-market stock purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider HILL ROBERT R JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	1,291.5	$55.17	$71K

Holdings After Transaction: Phantom Stock Units — 29,642.3 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: 1,291.5 units Reference price per unit: $55.17 per unit Total phantom units after grant: 29,642.3 units +2 more

5 metrics

Phantom units granted 1,291.5 units Grant under directors deferred compensation plan

Reference price per unit $55.17 per unit Economic equivalent value of each phantom unit

Total phantom units after grant 29,642.3 units Holdings following reported transaction

Settlement timing 6 months after retirement Phantom units settled in common stock

Underlying security 1,291.5 common shares Each phantom unit equals one Sonoco common share

Key Terms

Phantom Stock Units, directors deferred compensation plan, economic equivalent, settled in Sonoco Products Company common stock

4 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

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"

settled in Sonoco Products Company common stock financial

"are to be settled in Sonoco Products Company common stock 6 months after"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:55 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^*

HILL ROBERT R JR

(Last)

(First)

(Middle)

1 N SECOND ST

(Street)

HARTSVILLE

SOUTH CAROLINA

29550

(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		1,291.5		⁽²⁾	⁽²⁾	Common Stock	1,291.5	$55.17	29,642.3	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 Robert R Hill	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 (SON) director Robert R. Hill Jr. report on this Form 4?

Robert R. Hill Jr. reported receiving 1,291.5 Phantom Stock Units linked to Sonoco common stock. These were granted as part of the directors deferred compensation plan, increasing his deferred equity-based compensation rather than reflecting an open-market stock purchase or sale.

What are Phantom Stock Units in Sonoco (SON)’s director compensation?

Sonoco’s Phantom Stock Units are bookkeeping entries whose value mirrors one share of common stock. Each phantom share is economically equivalent to a Sonoco share and is ultimately settled in common stock, providing equity-aligned compensation without immediate share issuance or cash changing hands at grant.

How many Phantom Stock Units does Robert R. Hill Jr. hold after this Sonoco (SON) grant?

After receiving 1,291.5 new Phantom Stock Units, Hill’s total phantom stock balance rose to 29,642.3 units. Each unit tracks the value of one Sonoco common share, representing a sizable deferred equity-based position accumulated through the directors deferred compensation plan.

When will the Sonoco (SON) Phantom Stock Units granted to Robert R. Hill Jr. be settled?

The Phantom Stock Units will be settled in Sonoco common stock six months after Hill’s retirement. Until then, they remain as deferred compensation entries, tracking Sonoco’s share value and aligning his interests with shareholders without immediate stock delivery or trading activity.

Did Robert R. Hill Jr. buy or sell Sonoco (SON) shares in the market in this filing?

No open-market buy or sell occurred here. The Form 4 discloses a grant of 1,291.5 Phantom Stock Units as compensation, not a market transaction. The award increases his deferred equity exposure without reflecting discretionary trading in Sonoco’s common stock.