Form 4: Sonoco CHRO Andrea White Receives Dividend Equivalents
Statement of Changes in Beneficial Ownership
Chief Human Resources Officer Andrea White acquired 50.8 dividend equivalent units related to restricted stock holdings.
Summary
- Andrea B. White, Chief Human Resources Officer of Sonoco Products Co, acquired 50.8 dividend equivalent units.
- The transaction occurred on June 10, 2026, at a valuation of $48.99 per unit.
- These units are the economic equivalent of common stock and will be settled upon retirement or termination of service.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine disclosure of executive compensation that has no material impact on the company's financial position.
Positives
- Reflects ongoing accumulation of equity-linked compensation by a key executive.
Negatives
- None identified.
Risks
- Value of holdings is subject to fluctuations in Sonoco Products Co common stock price.
Future Outlook
The units will be settled in common stock upon the reporting person's retirement or other termination of service.
Industry Context
StockSavvy.ai notes that this is a routine administrative filing regarding executive compensation and does not signal a change in corporate strategy or market outlook.
Comparison to Industry Standards
- Standard practice for executive compensation plans involving restricted stock units (RSUs) and dividend equivalent rights.
- Consistent with SEC reporting requirements for Section 16 officers.
Stakeholder Impact
- No material impact on shareholders, employees, or creditors.
Next Steps
- Settlement of units upon future retirement or termination of service.
Key Dates
| Date | Description |
|---|---|
| 06/10/2026 | Date of the dividend equivalent acquisition transaction. |
| 06/12/2026 | Date of filing signature. |
Keywords
Sonoco Products, SON, Form 4, Insider Transaction, Dividend Equivalents, Executive Compensation
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