WILSON ALAN D 4
Research Summary
AI-generated summary
Smurfit Westrock Director Alan D. Wilson Receives 720 RSUs
What Happened
- Alan D. Wilson, a director of Smurfit Westrock plc (SW), was granted 719.864 restricted stock units (RSUs) on 2026-03-18. The award was recorded at $0.00 per share (no cash exchanged). Each RSU represents the right to receive one ordinary share when settled.
Key Details
- Transaction type: Award/Grant (Form 4 code A) — acquisition of 719.864 RSUs.
- Transaction date: 2026-03-18; Filing date: 2026-03-20 (timely filing).
- Price: $0.00 per RSU; reported cash value: $0.
- Dividend equivalent: Footnote F1 states these RSUs accrued as dividend equivalents tied to the issuer’s quarterly dividend of $0.4523 per ordinary share and are subject to the same terms as the underlying award.
- Additional RSU details (Footnote F2): the filing references 4,422 RSUs that will vest on the earlier of May 2, 2026 or the next annual meeting, and 57,721.230 fully vested RSUs that will be settled in ordinary shares following the reporting person’s cessation of board service under the WestRock 2016 Deferred Compensation Plan for Non‑Employee Directors.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- RSU grants and dividend-equivalent accruals are common director compensation and do not involve market purchases or sales. This award increases Wilson’s long-term equity stake subject to the plan’s vesting and settlement rules and is informational rather than a market-timing signal.