Finan Irial 4
Research Summary
AI-generated summary
Smurfit Westrock (SW) Director Finan Irial Receives 80 RSUs
What Happened
- Finan Irial, a director of Smurfit Westrock plc (SW), was awarded 80 restricted stock units (RSUs) on March 18, 2026. The Form 4 reports the acquisition at $0.00 per unit (total reported value $0). These RSUs were credited as dividend equivalents tied to the company's quarterly dividend.
Key Details
- Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (timely filing).
- Reported terms: 80 RSUs acquired @ $0.00 (no cash paid).
- Footnote F1: RSUs were credited as dividend equivalents related to a quarterly dividend of $0.4523 per ordinary share; each RSU represents the right to receive one ordinary share and is subject to the same terms as the underlying award.
- Footnote F2: There are 6,949 RSUs referenced that will vest on the earlier of May 2, 2026 or the date of the next annual meeting.
- Shares owned after transaction: not specified in the excerpt of the filing provided.
Context
- These RSUs are awards/dividend equivalents, not open-market purchases or sales, so they do not directly signal trading by the director. RSUs typically convert to ordinary shares subject to vesting and plan terms; here the award arose from dividend accruals rather than a cash purchase.