Form 4: Sonoco Products Co: Officer Lisa K Weeks Reports Acquisition of Dividend Equivalents on Restricted Stock Units
SEC Form 4 Filing
Lisa K Weeks, Staff VP Investor Relations at Sonoco Products Co, reports acquiring dividend equivalents on restricted stock units.
Summary
- On March 8, 2024, Lisa K Weeks, Staff VP Investor Relations at Sonoco Products Co, acquired dividend equivalents on restricted stock units.
- The transaction involved 16.7 dividend equivalents on restricted stock units at a price of $57.55.
- Following the transaction, Weeks directly owns 61.7 dividend equivalents on restricted stock units.
- These dividend equivalents will be settled upon the reporting person's retirement or other termination of service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an insider transaction, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Acquisition of dividend equivalents on restricted stock units. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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