Garren Ben 4

4 · Smurfit Westrock plc · Filed Mar 20, 2026

AI-generated summary of this filing

Updated Mar 20, 2026

Smurfit Westrock (SW) EVP Garren Ben Receives RSU Award

What Happened

Garren Ben, Executive Vice President and Group General Counsel of Smurfit Westrock plc (SW), received an award of 90 restricted stock units (RSUs) on 2026-03-18 (reported as acquisition at $0.00).
On 2026-03-19, 9 ordinary shares were withheld/disposed to satisfy the tax withholding obligation related to dividend-equivalent RSUs, reported at $38.58 per share (total withheld ≈ $347).

Key Details

Transaction dates: RSU award 2026-03-18; tax withholding 2026-03-19.
Prices reported: RSUs granted at $0.00 (award); withholding reported at $38.58/share (total ≈ $347).
Shares owned after transaction: Not disclosed in this Form 4.
Footnotes: Dividend equivalents accrued as additional RSUs tied to the issuer’s quarterly dividend ($0.4523/share); those dividend-equivalent RSUs vested/settled immediately on 2026-03-19 and were subject to the same terms as the underlying award. The 9 shares withheld satisfied the reporting person’s tax withholding obligation.
Filing timeliness: Form filed 2026-03-20 for transactions on 2026-03-18 and 2026-03-19 — appears to be a timely filing.

Context

This was an equity award (RSUs and dividend equivalents), not an open-market purchase or sale for investment. The withholding of shares to cover taxes is a routine administrative step and does not necessarily signal a change in sentiment.

Form 4

Period: 2026-03-18

See remarks

Transactions

Footnotes (2)

[F1]In accordance with the terms of the restricted stock unit award, additional restricted stock units accrued as dividend equivalents in connection with the Issuer's payment of a quarterly dividend of $0.4523 per ordinary share. Such additional restricted stock units are subject to the same terms and conditions as the underlying award. Each restricted stock unit represents the right to receive one ordinary share.
[F2]Reflects ordinary shares of Smurfit Westrock plc withheld to satisfy the reporting person's tax withholding obligation upon the vesting and settlement of dividend equivalents, which accrued on 18 March 2026. Since these dividend equivalents were associated with restricted stock units that vested and settled on 12 March 2026, the dividend equivalents immediately vested and settled on 19 March 2026 in accordance with the terms of the associated restricted stock unit award.

Signature

/s/ Ciara O'Riordan (attorney-in-fact for Ben Garren)|2026-03-20

1 file