Smurfit Westrock (SW) CFO Ken Bowles Receives 234 RSUs

What Happened
Ken Bowles, Executive Vice President & Group CFO and a company director, was granted 234 restricted stock units (RSUs) on August 14, 2026. The award was reported on a Form 4 filed August 18, 2026. The RSUs were granted at $0.00 per unit (no cash paid at grant) and are compensation/dividend-equivalent awards rather than open-market purchases.

Key Details

• Transaction type: Award/Grant (code A) — 234 RSUs acquired on 2026-08-14 at $0.00 per unit.
• Filing: Form 4 filed 2026-08-18 (timely relative to the Aug 14 transaction).
• Footnote F1: The 234 RSUs were additional RSUs accrued as dividend equivalents based on the issuer’s quarterly dividend of $0.4523 per ordinary share; they follow the same terms as the underlying award. Each RSU represents the right to receive one ordinary share upon vesting.
• Footnote F2: The filing references 38,840 RSU awards (each a contingent right to one share) that are scheduled to vest in three equal annual installments beginning on the first anniversary of their grant date.
• Shares/RSUs after transaction: the filing notes the presence of RSU awards (see F2); the exact total share count after this 234-RSU grant is not explicitly provided in the summary data.

Context
This was a compensation-related grant (including dividend-equivalent RSUs), not a stock purchase or sale. Such awards are routine for executive compensation and do not, by themselves, indicate insider buying or selling sentiment. Each RSU converts to one ordinary share upon vesting according to the award terms.