Form 4: Sonoco Products Co: Sean Cairns Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Sean Cairns, Pres Global Rigid Paper Pkg at Sonoco Products Co, reports acquiring dividend equivalent rights on restricted stock units.
Summary
- On March 10, 2025, Sean Cairns, Pres Global Rigid Paper Pkg at Sonoco Products Co, acquired 46 dividend equivalent rights on restricted stock units.
- These rights are the economic equivalent of 46 shares of Sonoco Products Company common stock.
- The price of the derivative security is $47.27.
- These rights will be settled upon the reporting person's retirement or other termination of service.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Sean Cairns acquired dividend equivalent rights. |
| 03/12/2025 | Date of signature: Elizabeth R. Kremer signed the report on behalf of Sean Cairns. |
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