R. Howard Coker - Feb 20, 2025 Form 4 Insider Report for SONOCO PRODUCTS CO (SON)

Role
President & CEO
Signature
By: Elizabeth R. Kremer - Power of Attorney for R. Howard Coker
Stock symbol
SON
Transactions as of
Feb 20, 2025
Transactions value $
$2,733,704
Form type
4
Date filed
2/24/2025, 03:47 PM
Previous filing
Feb 18, 2025
Next filing
Feb 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SON Common Stock Options Exercise $0 +17.1K +4.82% $0.00 373K Feb 20, 2025 Direct
transaction SON Common Stock Tax liability -$361K -7.8K -2.09% $46.24 365K Feb 20, 2025 Direct
transaction SON Common Stock Award $6.94M +142K +38.93% $48.85 507K Feb 21, 2025 Direct
transaction SON Common Stock Purchase $930K +20K +3.94% $46.48 527K Feb 21, 2025 Direct F1
transaction SON Common Stock Options Exercise $815K +17.7K +3.35% $46.16 545K Feb 21, 2025 Direct
transaction SON Common Stock Tax liability -$817K -17.6K -3.23% $46.45 527K Feb 21, 2025 Direct
transaction SON Common Stock Tax liability -$3.16M -64.7K -12.28% $48.85 462K Feb 21, 2025 Direct
holding SON Common Stock 17.9K Feb 20, 2025 By Spouse
holding SON Common Stock 3.6K Feb 20, 2025 By Spouse and Daughter Joint
holding SON Common Stock 7.38K Feb 20, 2025 by trust for son
holding SON Common Stock 8.58K Feb 20, 2025 trust for daughter 1
holding SON Common Stock 8.87K Feb 20, 2025 trust for daughter 2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SON Restricted Stock Units Options Exercise -$792K -17.1K -33% $46.24 34.8K Feb 20, 2025 Common Stock 17.1K $0.00 Direct F2, F3
transaction SON Stock Appreciation Right Options Exercise -$820K -17.7K -100% $46.45 0 Feb 21, 2025 Common Stock 17.7K $46.16 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The $46.4750 is an average price, shares were purchased between $46.39 and $46.51
F2 Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
F3 The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.