Form 4: Sonoco Products Co: Chief Human Resources Officer Acquires Restricted Stock Units
SEC Form 4 Filing
Andrea B. White, Chief Human Resources Officer of Sonoco Products Co, acquired 2,092 restricted stock units on March 1, 2025, which vest in three years.
Summary
- On March 1, 2025, Andrea B. White, the Chief Human Resources Officer of Sonoco Products Co, acquired 2,092 restricted stock units.
- These restricted stock units vest three years from the grant date, on March 1, 2028.
- Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- Vested shares will be paid to the reporting person six months following retirement or termination of service.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding stock options, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock-based compensation to a company executive, which is a common practice in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment due to alignment of executive interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Andrea B. White acquired 2,092 restricted stock units. |
| 03/01/2028 | Vesting date of the restricted stock units. |
| 03/05/2025 | Date of Form 4 filing. |
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