SMURFIT ANTHONY P J 4
Research Summary
AI-generated summary
Smurfit Westrock CEO Anthony Smurfit Receives RSU Award
What Happened
Anthony P. J. Smurfit, President and Group CEO (and director) of Smurfit Westrock plc, was granted 84,419 restricted stock units (RSUs) on March 11, 2026 (award, $0.00 per share). Following vesting/settlement activity, 1,605 ordinary shares were withheld/disposed on March 12, 2026 at $42.20 per share to satisfy tax withholding, representing about $67,731. The grant is a compensation award (not an open-market purchase); the withheld shares are a routine tax-related disposition.
Key Details
- Grant: 84,419 RSUs granted on 2026-03-11 (transaction code A); RSUs represent contingent rights to one ordinary share each.
- Vesting: Footnote F1 — RSUs vest in three equal annual installments beginning on the first anniversary of the grant.
- Tax withholding: 1,605 shares withheld on 2026-03-12 at $42.20/share, value ~$67,731 (transaction code F; footnote F2).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Beneficial ownership note: Footnote F3 states some shares are held by the reporting person’s child (household member) and the reporting person disclaims ownership of those shares.
- Filing timeliness: Report filed 2026-03-13 for transactions dated 2026-03-11/12 — filed within the standard 2-business-day window (on time).
Context
RSUs are a common form of equity compensation that convert to ordinary shares upon vesting; withholding shares to cover taxes is routine and does not necessarily indicate a discretionary sale. This filing documents the grant and the related tax withholding only.