Smurfit Westrock Director Accrues Dividend Equivalent RSUs

Smurfit Westrock plc ($SW) Form 4 Transaction Analysis

Overview
On September 14, 2026, Smurfit Westrock plc filed a Form 4 disclosing that Director Alan D. Wilson acquired 673.692 Ordinary Shares on September 10, 2026.

Transaction Details

• Security: Ordinary Shares
• Transaction Code: A (Award/Grant)
• Shares Acquired: 673.692
• Price per Share: $0.00
• Total Value: $0.00
• Nature of Ownership: Direct
• Ending Ownership: 67,580.2 shares

Footnote Context

• The 673.692 restricted stock units (RSUs) accrued as dividend equivalents in connection with the company's quarterly dividend payment of $0.4523 per ordinary share.
• Total holdings include 4,537 unvested RSUs scheduled to vest by May 1, 2027 (or the next annual meeting) and 59,017.2 fully vested RSUs under the WestRock Company 2016 Deferred Compensation Plan for Non-Employee Directors, payable upon cessation of board service.

Market Impact & Assessment
This filing represents a routine, automatic accrual of dividend equivalent units rather than discretionary open-market buying. Consequently, it carries Low trading significance.