Smurfit Westrock (SW) CFO Ken Bowles Receives Award

What Happened Ken Bowles, Executive VP, Chief Financial Officer and a director of Smurfit Westrock plc (SW), was granted a total of 598 restricted stock units (RSUs) on September 10, 2026: 140 RSUs reported as a standard award and 458 RSUs reported as a derivative award (both with $0.00 per-share acquisition price). Each RSU represents the right to receive one ordinary share when vested; these awards are compensation grants rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-09-10; Report filed: 2026-09-14 (filed within the typical 2-business-day Form 4 window).
• Award specifics: 140 RSUs (award) and 458 RSUs (derivative/dividend-equivalent) acquired at $0.00 per unit.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes of note:
  • F1: The 458 derivative RSUs represent dividend equivalents accrued from a quarterly dividend ($0.4523 per share) and are subject to the same terms as the underlying awards.
  • F2: The filing references 38,980 RSUs that vest in three equal annual installments beginning on the first anniversary of their grant.
  • F3: The filing references 43,228 RSUs that vest and are due to settle in February 2027.
• Filing timeliness: The Form 4 was submitted on Sep 14, 2026 — within the standard 2-business-day reporting window for the Sep 10 transaction.

Context These entries are compensation grants (including dividend-equivalent RSUs) rather than purchases or sales; they reflect equity compensation that will convert to shares on vesting per the award terms. Such grants are routine for executives and do not, by themselves, indicate a buy or sell signal.