BERNLOHR TIMOTHY J 4
4 · Smurfit Westrock plc · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Smurfit Westrock (SW) Director Timothy Bernlohr Receives RSU Award
What Happened Timothy J. Bernlohr, a director of Smurfit Westrock plc (SW), was granted 51 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports the award at $0.00 per share (no cash paid). This was an award/grant (not a purchase or sale) representing a non-cash compensation event tied to dividend equivalents.
Key Details
- Transaction date: 2026-06-10; Transaction type: Award/Grant (code A); Amount: 51 RSUs @ $0.00 (total reported cash = $0).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F1: These RSUs accrued as dividend equivalents from a quarterly dividend of $0.4523 per ordinary share and are subject to the same terms as the underlying award; each RSU represents the right to one ordinary share.
- Footnote F2: Notes the existence of 4,489 RSUs that will vest on the earlier of (i) May 1, 2027 or (ii) the date of the next annual meeting of stockholders.
- Filing timeliness: The Form 4 was filed on 2026-06-12 for a 2026-06-10 transaction and is not indicated as late.
Context RSU grants and dividend-equivalent RSUs are common executive/director compensation and do not involve an immediate market purchase or sale. Each RSU converts to one ordinary share upon vesting; vesting schedules and any holding requirements determine when those shares enter the market or the insider’s beneficial ownership.
Insider Transaction Report
- Award
Ordinary Shares
[F1][F2]2026-06-10+51→ 57,571 total
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]Includes 4,489 restricted stock units which will vest on the earlier of (i) May 1, 2027 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders.