Form 4: Sonoco Products Co: Officer Fuller Rodger D Reports Stock Transactions
SEC Form 4 Filing
Rodger D. Fuller, Chief Operating Officer of Sonoco Products Co, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On February 20, 2025, Rodger D. Fuller acquired 5,037 shares of common stock and disposed of 1,539 shares to cover tax obligations at a price of $46.24.
- On February 21, 2025, Fuller acquired 42,742 shares of common stock at $48.85 and disposed of 18,623 shares at $48.85.
- Following these transactions, Fuller directly owns 169,026 shares of Sonoco Products Co.
- The transactions also involved restricted stock units, with 5,037 units exercised on February 20, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for officers of publicly traded companies. These transactions can be influenced by factors such as vesting schedules, tax planning, and personal financial decisions.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
- Similar filings are made by officers at comparable companies like International Paper and WestRock, disclosing their transactions in company stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as they reflect insider activity.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Acquisition of 5,037 shares of common stock and disposal of 1,539 shares. |
| 02/20/2025 | Restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%. |
| 02/21/2025 | Acquisition of 42,742 shares of common stock and disposal of 18,623 shares. |
| 02/24/2025 | Date of signature by Elizabeth R. Kremer Power of Attorney for Rodger D. Fuller. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Rodger D. Fuller, Sonoco Products Co, Common Stock, Restricted Stock Units, Officer, Insider Trading
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