Form 4: Sonoco Products Co: Executive Russell K. Grissett Reports Stock Transactions
SEC Form 4 Filing
Russell K. Grissett, a Pres Global Flexible Packaging at Sonoco Products Co, reports the vesting and disposal of restricted stock units and associated common stock transactions.
Summary
- On February 13, 2025, Russell K. Grissett, a Pres Global Flexible Packaging at Sonoco Products Co, reported transactions involving common stock and restricted stock units.
- Grissett acquired 697 shares of common stock upon the vesting of restricted stock units.
- Simultaneously, 237 shares were disposed of at a price of $48.20.
- Following these transactions, Grissett directly owns 12,891 shares of common stock and indirectly owns 1,029.6142 shares through a 401k.
- The reported transactions also reflect the disposal of 697 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies to ensure transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 02/13/2024 | Date from which restricted stock units vest. |
| 02/13/2025 | Date of the reported transactions (vesting of restricted stock units and disposal of shares). |
| 02/18/2025 | Date of signature on the Form 4 filing. |
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