Brown Carole Lynnette 4

What Happened

• Carole Lynnette Brown, a director of Smurfit Westrock plc (SW), was granted 4,438 restricted stock units (RSUs) on May 1, 2026 (report filed May 5, 2026). The RSUs have a $0 acquisition price (award).
• On the same date, 2,123 ordinary shares were withheld at a reported per-share value of $38.39 to satisfy tax withholding obligations upon vesting, resulting in proceeds/withheld value of about $81,502. The withholding is reported as a disposition (code F).

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05.
• Award: 4,438 RSUs granted (code A) at $0.00 per RSU.
• Tax withholding: 2,123 shares withheld (code F) at $38.39 each; total ≈ $81,502.
• Shares owned after the transactions: not specified in the provided filing data.
• Footnotes: RSUs convert to one ordinary share each upon settlement and vest on the earlier of (i) the first anniversary of grant or (ii) the next annual stockholders’ meeting (footnote). The withheld shares satisfy tax withholding upon vesting/settlement.
• Filing timeliness: Form filed four days after the transaction date; Form 4s are normally due within two business days, so this filing appears later than typical.

Context

• RSUs are a grant (not an open-market purchase) and represent a contingent right to receive shares on vesting. The share withholding is a routine, tax-related disposition (cashless-like settlement) and does not necessarily indicate a trading decision about the company’s stock.
• For retail investors, new RSU grants are common director compensation; the more informative insider signals are outright purchases or larger, voluntary sales.