Form 4: Sonoco Products Co. Executive Adam Wood Reports Stock Transactions

Adam Wood, VP of Paper Products Europe at Sonoco Products Co., reports acquisition and disposal of common stock and restricted stock units.

Summary

• Adam Wood, a VP at Sonoco Products Co., reported several transactions involving the company's stock.
• On February 20, 2025, 667 common stock units were acquired at $0.00, and 314 shares were disposed of at $46.24.
• On February 21, 2025, 6,124 shares were acquired at $48.85, and 2,879 shares were disposed of at $48.85.
• Following these transactions, Wood directly owns 32,553 shares of common stock.
• Wood also transacted 667 Restricted Stock Units on February 20, 2025.
• Following these transactions, Wood directly owns 1,356 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Future Outlook

The restricted stock units vest beginning one year from the date of grant in three annual installments of 33%, 33% and 34%.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the executive's perspective on the company's stock.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Sonoco Products Co., Adam Wood, Executive Compensation, Restricted Stock Units