Form 4: Sonoco Products Co: CEO Coker Reports Stock Transactions

R. Howard Coker, President & CEO of Sonoco Products Co, reports the disposition of shares to cover dividend equivalents and restricted stock units.

Summary

• On February 12, 2025, R. Howard Coker, President & CEO of Sonoco Products Co, engaged in transactions involving dividend equivalents on restricted stock units and restricted stock units.
• Specifically, 215 dividend equivalents on restricted stock units were disposed of at a price of $46.82.
• Additionally, 1,193 restricted stock units were disposed of at a price of $46.82.
• Following these transactions, Coker directly owns 14,958.1 dividend equivalents on restricted stock units and 34,019 restricted stock units.
• The restricted stock units vest 5 years from the date of grant and will be paid to the reporting person six months following retirement or termination of service.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units vest 5 years from the date of grant and will be paid to the reporting person six months following retirement or termination of service.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, R. Howard Coker, Sonoco Products Co, Stock Transaction, Dividend Equivalents, Restricted Stock Units