Harrison Suzan F. 4

What Happened
Suzan F. Harrison, a director of Smurfit Westrock plc (SW), was granted 51 restricted stock units (RSUs) on June 10, 2026. The Form 4 records the acquisition at $0.00 (transaction code A) — these RSUs were issued as dividend equivalents related to the issuer's quarterly dividend of $0.4523 per share. Each RSU represents the right to receive one ordinary share; the immediate economic value of the 51 dividend-equivalent RSUs is small (roughly $23 based on the dividend).

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (timely filing).
• Reported acquisition: 51 RSUs at $0.00 (award/dividend-equivalent).
• Filing footnote F1: RSUs accrued as dividend equivalents are subject to the same terms and conditions as the underlying award; 1 RSU = right to 1 ordinary share.
• Filing footnote F2: The filing also references 4,489 RSUs that will vest on the earlier of May 1, 2027 or the date of the next annual meeting (outstanding awards subject to future vesting).
• Shares owned after the reported transaction are not explicitly stated in the transaction detail on the Form 4.

Context
This was an award of dividend-equivalent RSUs (not an open-market purchase or sale), which is routine compensation-type activity rather than a directional trade signal. For retail investors, awards like this generally reflect dividend reinvestment via equity grants and do not by themselves indicate insider sentiment about the stock.