Harrison Suzan F. 4
Research Summary
AI-generated summary
Smurfit Westrock Director Suzan F. Harrison Receives Restricted Stock Award
What Happened
- Suzan F. Harrison, a director of Smurfit Westrock plc (SW), was granted 51 restricted stock units (RSUs) on 2026-03-18. The RSUs were recorded at $0.00 (award/dividend-equivalent accrual), so no cash was paid for this issuance. Each RSU represents the right to receive one ordinary share.
Key Details
- Transaction date: 2026-03-18; Filing date: 2026-03-20 (timely filing).
- Transaction type/code: A — Award/Grant (acquisition of RSUs).
- Shares/units received: 51 RSUs; reported price: $0.00.
- Footnote F1: These 51 RSUs were credited 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.
- Footnote F2: The filing also notes inclusion of 4,422 RSUs that will vest on the earlier of May 2, 2026 or the date of the next annual meeting.
- No indication of sale or cash exercise in this filing.
Context
- This was an award (dividend-equivalent RSUs), not a market purchase or sale—such grants are routine compensation/adjustments and do not necessarily signal the director’s view on the stock.
- Each RSU converts to one ordinary share when settled; timing and vesting conditions affect when shares may be received or sold.