Finan Irial 4

What Happened Finan Irial, a director of Smurfit Westrock plc (SW), received an award of 6,974 restricted stock units (RSUs) on May 1, 2026. The Form 4 records the RSU grant as an acquisition at $0.00 (standard for awarded equity). Upon vesting/settlement, 3,336 ordinary shares were withheld to satisfy tax withholding obligations at an indicated price of $38.39 per share, resulting in a withholding value of $128,069.

Key Details

• Transaction date: May 1, 2026 (filed on Form 4 May 5, 2026). No late filing was indicated.
• Grant: 6,974 RSUs (each RSU converts to one ordinary share when settled). Acquisition reported at $0.00.
• Tax withholding/disposition: 3,336 shares withheld/disposed at $38.39/share for a total withholding of $128,069.
• Vesting schedule (footnote): RSUs vest on the earlier of (i) the first anniversary of grant or (ii) the next annual meeting of stockholders.
• Filing notes: Footnote clarifies the withheld shares were to satisfy tax withholding on RSU settlement. The filing does not state total post-transaction share ownership.

Context RSUs are a form of compensation that give a contingent right to receive shares when they vest; the grant itself is not an open-market purchase or sale. Withholding shares to cover taxes is a common administrative action (often called share withholding or a cashless settlement) and does not necessarily signal a change in sentiment. The important items for investors are the size of the grant and the vesting schedule, which affect potential future share issuance and insider shareholding over time.