Form 4: Sonoco Products Co: Officer Fuller Rodger D Reports Acquisition of Dividend Equivalents on Restricted Stock Units
SEC Form 4 Filing
Rodger D. Fuller, Chief Operating Officer of Sonoco Products Co, reports acquiring dividend equivalents on restricted stock units.
Summary
- On September 10, 2024, Rodger D. Fuller, Chief Operating Officer of Sonoco Products Co, acquired 24.6 dividend equivalents on restricted stock units.
- These dividend equivalents are economically equivalent to shares of Sonoco Products Company common stock.
- The price of the underlying common stock was $54.24.
- Following the transaction, Fuller directly owns 227.8 dividend equivalents on restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, specifically the acquisition of dividend equivalents, which is a common form of executive compensation.
Stakeholder Impact
- The acquisition of dividend equivalents by an officer may have a minor positive impact on shareholder sentiment due to alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: Rodger D. Fuller acquired dividend equivalents on restricted stock units. |
| 09/12/2024 | Date of report filing. |
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