Drew Theresa J 4

What Happened Theresa J. Drew, a director of Sonoco Products Company (SON), was credited with a derivative award of 204.1 phantom shares on March 10, 2026. The award is reported at a per-share value of $53.29, totaling roughly $10,876. This was an award/acquisition (not an open-market purchase or sale) credited under the company's directors' deferred compensation arrangement.

Key Details

• Transaction date: 2026-03-10
• Transaction type: Award/Acquisition (derivative phantom stock)
• Shares credited: 204.1 phantom shares
• Reported value: $53.29 per share; total ≈ $10,876
• Shares owned after transaction: Not disclosed in this filing
• Footnotes:
  • Each phantom share is the economic equivalent of one share of Sonoco common stock (F1).
  • These phantom shares were acquired as a quarterly dividend on the directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service (F2).
• Filing timeliness: No late-filing indication in the provided data.

Context Phantom stock is a derivative award that tracks the economic value of common shares but is typically settled in cash or stock at a later date (here, upon retirement/termination). Because this was a deferred-compensation dividend credit rather than an outright market purchase or sale, it should be viewed as routine compensation plan activity rather than a direct insider buy or sell signal.