Hietala Kaisa 4

What Happened

• Kaisa Hietala, a director of Smurfit Westrock plc (SW), acquired 51 restricted stock units (RSUs) on March 18, 2026. The acquisition was recorded at $0.00 per share (total reported value $0) and is reported as an award/grant (transaction code A).
• These 51 RSUs represent dividend-equivalent units that accrue in connection with the issuer’s quarterly dividend; each RSU represents the right to receive one ordinary share when settled.

Key Details

• Transaction date: 2026-03-18. Filing date: 2026-03-20.
• Transaction type/code: Award/Grant (A). Price per share: $0.00. Reported total value: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — the RSUs were accrued as dividend equivalents tied to a $0.4523 quarterly dividend; F2 — the filing notes 4,422 RSUs that will vest on the earlier of May 2, 2026 or the next annual meeting of shareholders.
• Timeliness: Filing occurred two days after the transaction date (no late-filing flag indicated).

Context

• These were equity compensation/dividend-equivalent awards, not an open-market purchase or sale. Such awards are routine for insiders and reflect company compensation/dividend mechanics rather than a direct bullish or bearish cash investment signal.
• RSUs represent a right to receive shares subject to vesting/settlement terms; note the separate vesting timing disclosed for 4,422 RSUs in the filing.