Form 4: Sonoco Products Co. Executive Rodger D. Fuller Reports Acquisition of Dividend Equivalents
SEC Form 4 Filing
Rodger D. Fuller, Chief Operating Officer of Sonoco Products Co., reports acquiring dividend equivalents on restricted stock units.
Summary
- On March 10, 2025, Rodger D. Fuller, the Chief Operating Officer of Sonoco Products Co., acquired 37.3 dividend equivalents on restricted stock units.
- These dividend equivalents are economically equivalent to shares of Sonoco Products Company common stock.
- The price of the dividend equivalents was $47.27.
- Following the transaction, Fuller directly owns 291.3 dividend equivalents.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports routine transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, typical for publicly traded companies. It provides transparency into the alignment of executive interests with shareholder value through equity-based compensation.
Stakeholder Impact
- The transaction has a minor positive impact on stakeholders by aligning executive compensation with company performance through dividend equivalents.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Rodger D. Fuller acquired dividend equivalents on restricted stock units. |
| 03/12/2025 | Date of signature: Elizabeth R. Kremer signed the report on behalf of Rodger D. Fuller. |
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