Smurfit Westrock plc·4

Jun 12, 12:02 PM ET

Garren Ben 4

Research Summary

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Smurfit Westrock (SW) EVP Garren Ben Receives 60 RSUs

What Happened
Garren Ben, Executive Vice President and Group General Counsel of Smurfit Westrock plc (SW), was granted 60 restricted stock units (RSUs) on 2026-06-10 as dividend equivalents. The RSUs were issued at $0.00 per unit (no cash paid). Each RSU represents the right to receive one ordinary share and the award is subject to the same terms and conditions as the underlying restricted stock unit award.

Key Details

  • Transaction date: 2026-06-10; filing date: 2026-06-12 (timely filing).
  • Transaction type/code: Award/Grant (A). Price reported: $0.00; total cash value recorded: $0.
  • Number of RSUs granted: 60 (as dividend equivalents).
  • Shares owned after transaction: Not specified in the filing.
  • Footnote F1: These 60 RSUs accrued as dividend equivalents tied to the issuer’s quarterly dividend ($0.4523 per ordinary share) and are subject to the same terms as the underlying award.
  • Footnote F2: The filing notes inclusion of 13,041 restricted stock units that are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.

Context
This was an issuance of RSUs (dividend equivalents), not an open-market purchase or sale. Such awards are typically compensation-related and subject to vesting, so they do not necessarily signal a change in the insider’s market view. The filing does not indicate a cash transaction or an immediate sale of shares.