Page Irene 4

What Happened

• Irene Page, Chief Accounting Officer of Smurfit Westrock plc (SW), was granted 38 restricted stock units (RSUs) on 2026-05-15. The RSUs were recorded at $0.00 (no cash paid) as they represent dividend-equivalent awards tied to the issuer's quarterly dividend. Each RSU represents the contingent right to receive one ordinary share upon vesting.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (within the required filing window).
• Transaction type/code: Award/Acquisition (A).
• Shares/units received: 38 RSUs @ $0.00 (additional units accrued as dividend equivalents based on a $0.4523 quarterly dividend per ordinary share).
• Holdings note: Form footnote states holdings include 5,392 RSU awards in total; these RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
• No sale or open-market purchase involved; no cash paid.
• No indication this filing was late.

Context

• RSUs and dividend-equivalent RSUs are a form of equity compensation; they represent a contingent right to receive shares if and when they vest and are commonly used for employee compensation. Dividend-equivalent RSUs convert cash dividends into additional RSUs and are routine rather than a direct market sentiment signal.