Form 4: Sonoco Products Co: Director Robert R. Hill Jr. Reports Stock Sales
SEC Form 4 Filing
Director Robert R. Hill Jr. of Sonoco Products Co. reports selling shares of common stock on January 7, 2025.
Summary
- On January 7, 2025, Robert R. Hill Jr., a director of Sonoco Products Co., sold 20 shares of common stock at a price of $47.95 per share.
- On the same day, Hill also sold 3,980 shares of common stock at $47.955 per share.
- Following these transactions, Hill directly owns 16,065 shares of Sonoco Products Co. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a director, which is neutral in sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is common and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The stock sales by a director could be perceived negatively by shareholders if interpreted as a lack of confidence in the company, although small sales are common and may not be significant.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of stock sale transactions |
| 01/10/2025 | Date of signature on the report |
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