Smurfit Westrock Officer Receives Dividend Equivalent RSUs

Insider Filing Analysis: Smurfit Westrock plc ($SW)

Executive Summary

On September 14, 2026, Laurent Sellier, President and Chief Executive Officer, North America (including Mexico) of Smurfit Westrock plc, filed a Form 4 reporting the accrual of dividend equivalent units on September 10, 2026.

Key Transaction Details

• Security: Ordinary Shares & Restricted Stock Units (PSP)
• Transaction Type: Acquisition (Code A) via dividend equivalent accrual
• Shares Acquired:
  • 140 Ordinary Shares (RSU dividend equivalent)
  • 335 Restricted Stock Units (PSP dividend equivalent)
• Price Per Share: $0.00
• Post-Transaction Beneficial Ownership:
  • Direct: 139,015 Ordinary Shares (including 38,980 unvested RSUs)
  • Direct Derivative: 31,666 RSUs (PSP scheduled to vest in February 2027)
  • Indirect: 3,188 Ordinary Shares held by spouse

Significance and Context

This transaction represents routine dividend equivalent accruals resulting from the Issuer's quarterly dividend distribution of $0.4523 per ordinary share. It does not reflect discretionary open-market buying or selling activity, representing low overall trading significance.