Form 4: Sonoco Products Co: Executive Sean Cairns Reports Stock Transactions
SEC Form 4 Filing
Sean Cairns, Pres Global Rigid Paper Pkg at Sonoco Products Co, reports transactions involving common stock and restricted stock units.
Summary
- On February 10, 2025, Sean Cairns exercised restricted stock units, converting 840 units into common stock.
- Also on February 10, 2025, 194 shares of common stock were disposed of at a price of $46.93.
- Following these transactions, Cairns directly owns 10,054 shares of Sonoco Products Co common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences for corporate executives. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company executive.
Key Dates
| Date | Description |
|---|---|
| 02/09/2023 | Date exercisable for Restricted Stock Units |
| 02/10/2025 | Date of stock transactions: exercise of restricted stock units and disposition of common stock. |
| 03/01/2025 | Expiration date for Restricted Stock Units |
| 02/12/2025 | Date of signature for the report. |
Keywords
Form 4, Sean Cairns, Stock Transactions, Sonoco Products Co, Insider Trading, Common Stock, Restricted Stock Units
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