Bowles Ken 4
Research Summary
AI-generated summary
Smurfit Westrock (SW) CFO Ken Bowles Receives RSU Award; Shares Withheld
What Happened
Ken Bowles, Executive Vice President and Group Chief Financial Officer of Smurfit Westrock plc, was granted 25,178 restricted stock units (RSUs) on March 11, 2026 (award value recorded as $0 on grant). On March 12, 2026, 3,348 ordinary shares were withheld/disposed at $42.20 per share (total value ≈ $141,286) to satisfy a tax withholding obligation.
Key Details
- Grant date: 2026-03-11 — 25,178 RSUs granted (each RSU represents a contingent right to one ordinary share). Transaction code: A (award/grant). Reported acquisition price: $0.
- Withholding/tax settlement: 2026-03-12 — 3,348 shares withheld at $42.20/share, total ≈ $141,286. Transaction code: F (tax withholding).
- Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant (per footnote).
- Shares owned after transaction: Not disclosed in this filing.
- Filing date: 2026-03-13. The filing does not indicate a late report.
Context
This was an equity award (RSUs) to an executive, not an open-market purchase or voluntary sale. The 3,348-share disposal reflects routine tax withholding upon RSU settlement (a common practice) and should not be read as a directional bet by the insider.