Form 4: Director Robert R. Hill Jr. Acquires Sonoco Phantom Stock

Director Robert R. Hill Jr. acquired 326.7 phantom stock units in Sonoco Products Co. via a dividend reinvestment plan.

Summary

• Director Robert R. Hill Jr. acquired 326.7 phantom stock units on June 10, 2026.
• The acquisition was made through the company's directors' deferred compensation plan.
• The transaction price was $48.99 per unit.
• Following this transaction, the director holds a total of 29,969 phantom stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Demonstrates continued alignment of director interests with shareholders through deferred compensation participation.

Negatives

• None identified.

Risks

• Phantom stock units are subject to the long-term performance and valuation of Sonoco Products Company common stock.

Future Outlook

The phantom stock units will be settled upon the reporting person's retirement or other termination of service.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans is a standard corporate governance practice, signaling long-term commitment to the issuer's equity performance.

Comparison to Industry Standards

• The use of phantom stock for director compensation is consistent with standard practices among S&P 500 and mid-cap industrial companies to align board incentives with shareholder value.

Stakeholder Impact

• No material impact on shareholders, employees, or creditors as this is a standard compensation-related transaction.

Next Steps

• Settlement of phantom stock units upon the director's retirement or termination of service.

Key Dates

Keywords

Sonoco Products, SON, Form 4, Insider Trading, Director Compensation, Phantom Stock