Form 4: Sonoco Products Co Executive Reports Stock Transactions
SEC Form 4 Filing
Ernest D. Haynes III, a Sonoco Products Co officer, reported transactions involving common stock and restricted stock units.
Summary
- On February 20, 2025, Ernest D. Haynes III exercised 1,133 restricted stock units for common stock.
- Also on February 20, 2025, 494 shares were disposed of at $46.24.
- On February 21, 2025, 6,124 shares were acquired at $48.85.
- Additionally on February 21, 2025, 2,668 shares were disposed of at $48.85.
- Following these transactions, Haynes directly owns 5,343 shares of common stock and indirectly owns 35.2594 shares through a 401k.
- He also owns 2,302 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Exercise of restricted stock units and disposal of shares. |
| 02/21/2025 | Acquisition and disposal of shares. |
| 02/24/2025 | Date of signature by Power of Attorney. |
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