Smurfit Westrock CEO Anthony Smurfit Receives Dividend Equivalent RSUs

Smurfit Westrock plc ($SW) Form 4 Transaction Analysis

Executive Overview

On September 14, 2026, Smurfit Westrock plc filed a Form 4 reporting that President and CEO Anthony P. J. Smurfit acquired additional equity via dividend equivalent accruals on September 10, 2026.

Transaction Breakdown

• Non-Derivative Acquisition: 486 Ordinary Shares credited at $0.00 per share in connection with a quarterly dividend of $0.4523 per share.
• Derivative Acquisition: 910 Restricted Stock Units (PSP) accrued as dividend equivalents.
• Beneficial Ownership Post-Transaction:
  • Direct Holdings: 1,728,994 Ordinary Shares (including 132,144 RSUs subject to annual vesting).
  • Indirect Holdings: 1,000 Ordinary Shares held by a child (beneficial ownership disclaimed).
  • Derivative Holdings: 85,854 Restricted Stock Units vesting in February 2027.

Market & Trading Significance

This transaction represents routine dividend equivalent accruals attached to existing restricted stock unit awards pursuant to the company's dividend distribution, rather than an open-market trade or discretionary purchase/sale. As such, the market significance of this filing is Low.