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Research Summary
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Smurfit Westrock (SW) Chief Accounting Officer Receives Award
What Happened Irene Page, Chief Accounting Officer of Smurfit Westrock plc (SW), was granted equity awards on 2026-06-10: 25 restricted stock units (RSUs) reported as acquired at $0.00 and 163 derivative RSUs (accrued as dividend equivalents) also reported at $0.00. The filing shows no cash payment for these awards; each RSU represents the right to receive one ordinary share when settled.
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely filing).
- Grants reported: 25 RSUs (award) and 163 RSUs (derivative/dividend equivalents); reported price $0.00 for both.
- Shares owned after transaction: not specified in the provided report.
- Footnote highlights:
- F1: The 163 derivative RSUs accrued as dividend equivalents tied to the quarterly dividend of $0.4523 per ordinary share and are subject to the same terms as the underlying award.
- F2: Includes 5,417 RSUs that vest in three equal annual installments beginning on the first anniversary of the grant.
- F3: 14,209 RSUs vest and are due to settle in February 2027.
- Transaction code: A = Award/Grant; derivative units explained in footnotes.
Context These entries are award grants as part of compensation, not open-market purchases or sales — awards are routine and do not by themselves indicate buying or selling sentiment. The derivative RSUs are dividend-equivalent units that convert to shares under the award terms and are subject to vesting and settlement schedules shown in the footnotes.