SMURFIT ANTHONY P J 4

What Happened

• Anthony P.J. Smurfit, President and Group CEO of Smurfit Westrock plc (SW), had performance share and deferred bonus awards vest and settle on 2026-02-13, resulting in the acquisition (conversion) of a total of 247,066 ordinary shares. The awards had an exercise/conversion price of $0.00 (they are award settlements, not option purchases). To cover tax withholding, 11,060 shares were surrendered/withheld at $51.42 per share, producing proceeds of $568,705.

Key Details

• Transaction date: 2026-02-13; Form filed 2026-02-17.
• Awards converted / shares acquired: 100,484 + 23,049 + 23,049 + 100,484 = 247,066 shares (codes M = exercise/conversion of derivative).
• Shares withheld for tax (code F): 11,060 shares @ $51.42 = $568,705.
• Exercise/conversion price: $0.00 (these were vested award settlements, per footnotes).
• Relevant footnotes: F1/F2—vested performance share plan and deferred bonus plan awards; F3—shares withheld to satisfy tax withholding; F5—these awards were granted on 22 Sep 2023; F4—some shares are held by the reporting person’s child, who is part of his household and for which he disclaims beneficial ownership.
• Shares owned after the transaction: not stated in the provided filing data.
• Filing timeliness: transaction reported with Form 4 filed on 2026-02-17 for the 2026-02-13 transaction (no late-filing flag provided).

Context

• These entries reflect award vesting and settlement (not an open-market purchase). The $0.00 conversion price and the footnotes indicate these were performance and deferred bonus awards settling into ordinary shares.
• The withholding of 11,060 shares to satisfy tax obligations is routine and does not necessarily indicate a voluntary sale for investment reasons; it is a common method to cover tax liabilities on vested awards.