Form 4: Sonoco Products Co. Interim CFO Acquires Shares
SEC Form 4 Filing
Jerry A. Cheatham, Interim CFO of Sonoco Products Co., reports acquisition of company stock through a 401k plan.
Summary
- On May 7, 2025, Jerry A. Cheatham, Interim CFO of Sonoco Products Co., acquired 2,259.39 shares of common stock at a price of $44.26 per share.
- Following this transaction, Cheatham directly owns 3,683 shares of common stock and indirectly owns 2,259.39 shares through a 401k plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it indicates the Interim CFO's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of transaction: Acquisition of common stock. |
| 05/08/2025 | Date of signature on the report. |
Keywords
Form 4, Insider Trading, Beneficial Ownership, SEC Filing, Sonoco Products Co., Cheatham, Interim CFO, Stock Acquisition
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