Form 4: Sonoco Products Co: Executive Acquires Dividend Equivalents on Restricted Stock Units
SEC Form 4 Filing
James A. Harrell III, a Pres. Global Ind. Paper Pkg. at Sonoco Products Co, acquired dividend equivalents on restricted stock units.
Summary
- On September 10, 2024, James A. Harrell III acquired 198.7 dividend equivalents on restricted stock units of Sonoco Products Co.
- The price of the underlying common stock was $54.24.
- Following the transaction, Harrell directly owns 6,611.5 dividend equivalents on restricted stock units.
- These dividend equivalents will be settled upon Harrell's retirement or other termination of service.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't convey any particular positive or negative sentiment.
Industry Context
This is a standard Form 4 filing, reflecting a company insider's transaction in the company's securities. It is a routine part of corporate governance and transparency.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: James A. Harrell III acquired dividend equivalents on restricted stock units. |
| 09/12/2024 | Date of signature on the Form 4 filing. |
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