Form 4: Sonoco Products Co: Executive John M. Florence Reports Changes in Beneficial Ownership
SEC Form 4 Filing
John M. Florence, a VP, General Counsel, and Secretary at Sonoco Products Co, filed a Form 4 indicating changes in beneficial ownership of company stock on February 10, 2025.
Summary
- On February 12, 2025, a Form 4 filing was submitted to the SEC by Elizabeth R Kremer, acting as Power of Attorney for John M. Florence, who is a VP, General Counsel, and Secretary at Sonoco Products Co.
- The filing reports changes in beneficial ownership of Sonoco Products Co stock.
- The transaction date is listed as February 10, 2025.
- 78 Restricted Stock Units were disposed of at a price of $46.93.
- Following the reported transaction, Florence directly owns 7,056 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in John M. Florence's holdings of Sonoco Products Co stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/09/2023 | Date Exercisable of Restricted Stock Units |
| 02/10/2025 | Date of Transaction |
| 02/12/2025 | Date of Filing |
| 02/28/2025 | Expiration Date of Restricted Stock Units |
Keywords
Form 4, Beneficial Ownership, Sonoco Products Co, John M. Florence, Restricted Stock Units, SEC Filing, Transaction
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