Smurfit Westrock plc·4

Mar 13, 12:46 PM ET

Page Irene 4

Research Summary

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Smurfit Westrock (SW) Chief Accounting Officer Irene Page Receives Award

What Happened

  • Irene Page, Chief Accounting Officer of Smurfit Westrock plc, was granted 3,199 restricted stock units (RSUs) on 2026-03-11 (an award, code A). The RSUs are reported at $0 acquisition price because they are contingent units, not a cash purchase.
  • On 2026-03-12, 556 ordinary shares were withheld/disposed to satisfy tax withholding obligations at a reported price of $42.20 per share, yielding a value of $23,463 (code F). This withholding is routine to cover taxes upon vesting/settlement and does not necessarily signal an open-market sale by the insider.

Key Details

  • Grant date and amount: 3,199 RSUs granted on 2026-03-11 (reported as $0 per unit).
  • Withholding/tax disposition: 556 shares withheld on 2026-03-12 at $42.20/share = $23,463.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: (F1) RSUs vest in three equal annual installments beginning on the first anniversary of the grant. (F2) The 556 shares reflect shares withheld to satisfy tax withholding upon vesting/settlement.
  • Filing date: Form 4 filed 2026-03-13 covering transactions on 2026-03-11 and 2026-03-12 (no late-filing flag noted in the provided data).

Context

  • RSUs are a form of compensation that represent a contingent right to receive ordinary shares if and when they vest; the grant itself is not a market purchase. The subsequent withholding of shares is a common, administrative step to satisfy tax obligations and is different from an open-market sale intended to realize investment proceeds.