Form 4: Sonoco Products Co: Executive Adam Wood Reports Stock Transactions
SEC Form 4 Filing
VP Paper Products Europe, Adam Wood, reports acquisition and disposal of Sonoco Products Co stock on February 10, 2025.
Summary
- On February 10, 2025, Adam Wood, VP Paper Products Europe at Sonoco Products Co, reported transactions involving the company's common stock.
- Wood acquired 672 shares of common stock through the exercise of restricted stock units.
- Concurrently, Wood disposed of 316 shares to cover tax obligations at a price of $46.93 per share.
- Following these transactions, Wood directly owns 28,629 shares of Sonoco Products Co.
- The transactions were executed pursuant to the terms of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.
Industry Context
Executive stock transactions are a routine part of corporate governance and are monitored by investors to gauge executive sentiment and alignment with company performance.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 02/09/2023 | Date exercisable for Restricted Stock Units |
| 02/10/2025 | Date of stock transaction (acquisition and disposal). |
| 02/28/2025 | Expiration Date for Restricted Stock Units |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Sonoco Products Co, Adam Wood, Executive Compensation, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.