Garren Ben 4

What Happened Garren Ben, Executive Vice President and Group General Counsel of Smurfit Westrock plc, was granted 7,701 restricted stock units (RSUs) on 2026-03-11 (reported on Form 4). The filing also shows 758 ordinary shares were withheld on 2026-03-12 to satisfy a tax withholding obligation, valued at $42.20 per share for a total of $31,988. The RSUs are a compensation award (transaction code A); the withholding is shown under transaction code F.

Key Details

• Transaction dates: Grant 2026-03-11 (A); tax withholding 2026-03-12 (F). Form filed 2026-03-13 (timely).
• Grant: 7,701 RSUs (each RSU represents a contingent right to one ordinary share).
• Tax withholding: 758 ordinary shares withheld at $42.20/share = $31,988.
• Vesting: RSUs scheduled to vest in three equal annual installments beginning on the first anniversary of the grant (per footnote).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 describes the RSU grant and vesting schedule; F2 explains the withheld shares satisfy tax withholding upon vesting/settlement.

Context RSUs are a form of equity compensation (an award), not an open‑market purchase or sale; they indicate compensation rather than a direct bullish purchase signal. The withheld shares reflect routine tax withholding when RSUs are settled; this filing does not, by itself, indicate a change in the insider’s market view.