Form 4: Sonoco Products Co: Executive Sean Cairns Reports Stock Transactions
SEC Form 4 Filing
Sean Cairns, a Pres Global Rigid Paper Pkg at Sonoco Products Co, reported the acquisition and disposal of common stock and restricted stock units on February 20 and 21, 2025.
Summary
- On February 20, 2025, Sean Cairns acquired 1,259 shares of common stock and disposed of 290 shares at $46.24.
- On February 21, 2025, Cairns acquired 5,104 shares of common stock at $48.85 and disposed of 1,174 shares at $48.85.
- These transactions resulted in Cairns holding 15,668 shares of common stock.
- Cairns also exercised 1,259 restricted stock units on February 20, 2025.
- Following the reported transactions, Cairns beneficially owns 2,558 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
- It offers insights into executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Acquisition of 1,259 common stock shares and disposition of 290 common stock shares; exercise of restricted stock units. |
| 02/21/2025 | Acquisition of 5,104 common stock shares and disposition of 1,174 common stock shares. |
| 02/24/2025 | Date of signature by Elizabeth R. Kremer Power of Attorney for Sean Cairns. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Sean Cairns, Sonoco Products Co, Restricted Stock Units, Common Stock, Executive Compensation
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