Smurfit Westrock CAO granted 152 RSUs, 23 shares

Chief Accounting Officer Irene Page received additional RSUs and shares as dividend-equivalent awards, modestly increasing her equity exposure to Smurfit Westrock plc.

Rhea-AI Filing Summary

Smurfit Westrock plc (symbol: SW) is the issuer of record for a Form 4 filing submitted to the SEC. Page Irene reported acquisition or exercise transactions in this Form 4 filing.

Smurfit Westrock plc (SW) reported that Chief Accounting Officer Irene Page received equity-based awards on September 10, 2026. She was granted 152 restricted stock units (PSP) as dividend equivalents tied to a quarterly dividend and 23 ordinary shares accrued as dividend equivalents. After these awards, she holds 14,361 restricted stock units scheduled to vest and settle in February 2027 and 62,787 ordinary shares, including 5,469 restricted stock units vesting in three equal annual installments beginning on the first anniversary of the grant date. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Grant/Award: 175 shares

Grant/Award 2 txns

Insider Page Irene

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (PSP) F1, F3	152	$0.00	$0.00
Grant/Award	Ordinary Shares F1, F2	23	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (PSP) — 14,361 contracts (Direct); Ordinary Shares — 62,787 shares (Direct)

Footnotes (3)

1. F1. In accordance with the terms of the restricted stock unit award, additional restricted stock units accrued as dividend equivalents in connection with the Issuer's payment of a quarterly dividend of $0.4523 per ordinary share. Such additional restricted stock units are subject to the same terms and conditions as the underlying award. Each restricted stock unit represents the right to receive one ordinary share.
2. F2. Includes 5,469 restricted stock units which are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.
3. F3. The 14,361 restricted stock units vest and are due to settle in February 2027.

Key Figures

Restricted stock units (PSP) granted: 152 units Ordinary shares acquired: 23 shares RSUs held after transaction: 14,361 units +3 more

6 metrics

Restricted stock units (PSP) granted 152 units Dividend-equivalent RSUs granted on September 10, 2026

Ordinary shares acquired 23 shares Dividend-equivalent ordinary shares on September 10, 2026

RSUs held after transaction 14,361 units Total restricted stock units held following September 10, 2026 awards

Ordinary shares held after transaction 62,787 shares Direct ordinary share holdings after September 10, 2026 award

RSUs with annual vesting 5,469 units Vest in three equal annual installments beginning on first grant anniversary

Quarterly dividend per ordinary share $0.4523 Dividend used to calculate dividend-equivalent RSUs and shares

Key Terms

restricted stock units, dividend equivalents, quarterly dividend, vest

4 terms

restricted stock units financial

"Includes 5,469 restricted stock units which are scheduled to vest"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalents financial

"accrued as dividend equivalents in connection with the Issuer's payment"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

quarterly dividend financial

"payment of a quarterly dividend of $0.4523 per ordinary share"

A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.

vest financial

"restricted stock units which are scheduled to vest in three equal"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did SW report for Chief Accounting Officer Irene Page?

SW reported that Irene Page received 152 restricted stock units (PSP) and 23 ordinary shares on September 10, 2026, both as dividend-equivalent awards linked to the company’s quarterly dividend of $0.4523 per ordinary share.

How many Smurfit Westrock (SW) RSUs does Irene Page hold after this Form 4?

After these awards, Irene Page holds 14,361 restricted stock units in total. According to the filing, these restricted stock units vest and are due to settle in February 2027, subject to the award’s terms and conditions.

How many Smurfit Westrock (SW) ordinary shares does Irene Page own following the reported transactions?

Following the reported transactions, Irene Page directly owns 62,787 ordinary shares of Smurfit Westrock plc. This figure includes equity acquired through the latest dividend-equivalent award of 23 ordinary shares reported on September 10, 2026.

What vesting schedule applies to some of Irene Page’s RSUs at Smurfit Westrock (SW)?

The filing states that 5,469 restricted stock units are scheduled to vest in three equal annual installments, beginning on the first anniversary of the grant date, subject to the underlying award’s terms and conditions.

Are Irene Page’s new Smurfit Westrock (SW) RSUs connected to dividends?

Yes. The filing notes that additional restricted stock units accrued as dividend equivalents in connection with Smurfit Westrock’s quarterly dividend of $0.4523 per ordinary share. These RSUs follow the same terms as the underlying award.

Were Irene Page’s Smurfit Westrock (SW) transactions under a Rule 10b5-1 plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these equity award transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/14/2026 - 11:28 AM Accepted by SEC EDGAR 09/14/2026 - 11:28 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Page Irene

(Last) (First) (Middle)

BEECH HILL, CLONSKEAGH

(Street)

DUBLIN 4 D04 N2R2

(City) (State) (Zip)

IRELAND

(Country)

2. Issuer Name and Ticker or Trading Symbol
Smurfit Westrock plc [ SW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	09/10/2026		A		23	A	$0(1)	62,787(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (PSP)	$0(1)	09/10/2026		A		152		(3)	(3)	Ordinary Shares	152	$0	14,361	D

Explanation of Responses:

1. In accordance with the terms of the restricted stock unit award, additional restricted stock units accrued as dividend equivalents in connection with the Issuer's payment of a quarterly dividend of $0.4523 per ordinary share. Such additional restricted stock units are subject to the same terms and conditions as the underlying award. Each restricted stock unit represents the right to receive one ordinary share.

2. Includes 5,469 restricted stock units which are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.

3. The 14,361 restricted stock units vest and are due to settle in February 2027.

Remarks:

	/s/ Ciara O'Riordan, attorney-in-fact for Irene Page	09/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)