Smurfit Westrock (SW) CAO Irene Page Receives Restricted Stock Award

What Happened Irene Page, Chief Accounting Officer of Smurfit Westrock plc (SW), received an award on 2026-09-10 consisting of 23 restricted stock units (RSUs) and 152 derivative RSUs (recorded as dividend equivalents). Both grants were issued at $0.00 per share (award code A) and therefore carry no immediate cash cost to Page. The 152 derivative RSUs were credited as dividend equivalents tied to the company’s quarterly dividend.

Key Details

• Transaction date: 2026-09-10; Form 4 filed on 2026-09-14 (timely under SEC rules).
• Grants: 23 RSUs @ $0.00 (award) and 152 RSUs @ $0.00 (derivative/dividend equivalents) — total 175 RSUs.
• Filing type: Award/Grant (code A); derivative entry reflects dividend-equivalent RSUs.
• Shares owned after transaction: Not disclosed in this filing.
• Relevant footnotes from the filing:
  • F1: The 152 RSUs were dividend equivalents accrued on a $0.4523 quarterly dividend; each RSU represents the right to one ordinary share and is subject to the same terms as the underlying award.
  • F2: The filing references 5,469 RSUs that vest in three equal annual installments beginning one year after grant.
  • F3: The filing references 14,361 RSUs that vest and are due to settle in February 2027.

Context This is an equity award (not an open-market purchase or sale). RSU grants and dividend-equivalent RSUs are common forms of executive compensation and do not necessarily signal immediate bullish or bearish intent — they vest or settle according to plan terms. The filing appears timely (filed within the required two business days after the transaction).