Smurfit Westrock (SW) Director Timothy Bernlohr Receives 48 RSUs

What Happened

• Timothy J. Bernlohr, a director of Smurfit Westrock plc, was granted/acquired 48 restricted stock units (RSUs) on September 10, 2026. The Form 4 shows the acquisition price as $0.00 (award), so no cash was paid for these units.
• These RSUs represent the right to receive one ordinary share each when they vest; the filing lists the transaction as an award/acquisition rather than an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-09-10 — Award/Acquisition of 48 RSUs at $0.00.
• Filing date: 2026-09-14 (filed four days after the transaction; Form 4s are normally due within two business days, so this appears to be a late filing).
• Shares owned after transaction: Not specified in the excerpt provided. Footnote F2 notes there are 4,537 RSUs that will vest on the earlier of May 1, 2027 or the date of the next annual meeting.
• Notable footnotes:
  • F1: These 48 RSUs were additional restricted stock units accrued as dividend equivalents related to the issuer’s quarterly dividend of $0.4523 per ordinary share; such dividend-equivalent RSUs carry the same terms as the underlying award.
  • F2: The reporting includes 4,537 RSUs that will vest by May 1, 2027 or at the next annual meeting (as noted above).
• Transaction code: A (award/acquisition). This is a derivative award (RSUs), not a sale or open-market buy.

Context

• Restricted stock units are a form of compensation: each RSU entitles the holder to one ordinary share upon vesting (or cash equivalent), so this transaction is an issuance/crediting of units rather than a market purchase.
• Awards and dividend-equivalent RSUs are common for directors and executives and do not by themselves indicate an intentional buy or sell decision in the market. The late filing reduces timely transparency but does not change the nature of the award.