Finan Irial 4
Research Summary
AI-generated summary
Smurfit Westrock (SW) Director Finan Irial Receives 80 RSU Award
What Happened Finan Irial, a director of Smurfit Westrock plc, received an award of 80 restricted stock units (RSUs) on June 10, 2026. The filing reports an acquisition price of $0.00 (typical for compensation awards); each RSU represents the right to receive one ordinary share at vesting. This was a grant/award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-10; Filing date: 2026-06-12 (timely).
- Award: 80 RSUs granted; acquisition price reported as $0.00.
- Dividend equivalents: Additional RSUs were accrued as dividend equivalents tied to the issuer's quarterly dividend of $0.4523 per ordinary share (these RSUs follow the same terms as the underlying award).
- Vesting note: Filing states it "includes 7,054 restricted stock units" that will vest on the earlier of (i) May 1, 2027, or (ii) the date of the next annual meeting of stockholders.
- Shares owned after transaction: not explicitly provided in the Form 4.
Context RSU grants are a form of compensation and become shares only when they vest; dividend-equivalent RSUs increase the number of units but do not represent an immediate cash purchase. Such awards are common for executives and directors and do not by themselves indicate a buy or sell signal.