Fairweather Carol 4
Research Summary
AI-generated summary
Smurfit Westrock (SW) Director Carol Fairweather Receives Award
What Happened
Carol Fairweather, a director of Smurfit Westrock plc (SW), received a grant of 51 restricted stock units (RSUs) on 2026-03-18. The filing reports an acquisition at $0.00 per RSU (awarded, not purchased), so no cash changed hands. Each RSU represents the right to receive one ordinary share upon vesting.
Key Details
- Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (filed promptly after the transaction).
- Transaction type/code: Award/Grant (A). Shares granted: 51 RSUs at $0.00 (value reported $0).
- Dividend equivalent: Footnote F1 states these RSUs accrued as dividend equivalents tied to a quarterly dividend of $0.4523 per ordinary share; they follow the same terms as the underlying awards.
- Vesting note: Footnote F2 notes 4,422 RSUs (included in reported holdings) will vest on the earlier of May 2, 2026 or the date of the next annual meeting.
- Shares owned after transaction: the filing does not list a total shareholding figure beyond the RSU details.
Context
- This was an award of RSUs (compensation/dividend equivalent), not an open‑market purchase or sale—awards are common executive/director compensation and do not by themselves indicate buying or selling sentiment.
- Each RSU converts to one ordinary share upon vesting; any future sale or vesting will be reported in subsequent filings.