Form 4: Sonoco Products Co: Interim CFO Jerry A. Cheatham Reports Stock Transactions
SEC Form 4 Filing
Interim CFO Jerry A. Cheatham reports the acquisition and disposal of Sonoco Products Co common stock and restricted stock units.
Summary
- On February 10, 2025, Jerry A. Cheatham, Interim CFO of Sonoco Products Co, reported transactions involving the company's stock.
- Cheatham acquired 191 shares of common stock through the vesting of restricted stock units.
- Simultaneously, Cheatham disposed of 69 shares of common stock to cover tax obligations at a price of $46.93 per share.
- Following these transactions, Cheatham directly owns 2,629 shares of Sonoco Products Co common stock.
- Cheatham also disposed of 191 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activities.
- The transactions are related to compensation and tax obligations of the Interim CFO.
Key Dates
| Date | Description |
|---|---|
| 02/09/2023 | Date of grant for restricted stock units. |
| 02/10/2025 | Date of stock transactions (acquisition and disposal). |
| 03/01/2025 | Expiration date of restricted stock units. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Stock Transaction, Jerry A. Cheatham, Sonoco Products Co, SON, Interim CFO, Restricted Stock Units, Beneficial Ownership
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