Form 4: Sonoco Products Co. Interim CFO Jerry A. Cheatham Reports Transactions in Company Stock

Interim CFO Jerry A. Cheatham reports acquisition and disposal of Sonoco Products Co. common stock and restricted stock units.

Summary

• On February 20, 2025, Jerry A. Cheatham, Interim CFO of Sonoco Products Co., reported transactions involving common stock and restricted stock units.
• Cheatham acquired 315 shares of common stock upon the vesting of restricted stock units.
• He then disposed of 113 shares of common stock at a price of $46.24.
• On February 21, 2025, Cheatham acquired 1,156 shares of common stock at $48.85 per share.
• He disposed of 415 shares of common stock at $48.85 per share.
• Following these transactions, Cheatham directly owns 3,683 shares of Sonoco Products Co. common stock.
• He also owns 640 derivative securities.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
• The transactions may have a minor impact on employees due to the change in ownership by a company insider.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Jerry A. Cheatham, Sonoco Products Co., SON, Interim CFO, Restricted Stock Units, Common Stock