Director at Smurfit Westrock (SW) receives 51-share RSU dividend grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fairweather Carol reported acquisition or exercise transactions in this Form 4 filing.
Smurfit Westrock plc director Carol Fairweather received an award of 51 Ordinary Shares at no cost, arising from restricted stock units that accrued as dividend equivalents on a quarterly dividend of $0.4523 per ordinary share. This is a compensation-related grant rather than an open-market purchase. After the award, she holds a total of 11,596 Ordinary Shares, including 4,489 restricted stock units that will vest on the earlier of May 1, 2027 or the date of the company’s next annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fairweather Carol
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 51 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 11,596 shares (Direct, null)
Footnotes (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. Includes 4,489 restricted stock units which will vest on the earlier of (i) May 1, 2027 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders.
Key Figures
Shares awarded: 51 Ordinary Shares
Award price per share: $0.0000 per share
Total shares after transaction: 11,596 Ordinary Shares
+2 more
5 metrics
Shares awarded
51 Ordinary Shares
Grant/award acquisition on 2026-06-10 from RSU dividend equivalents
Award price per share
$0.0000 per share
Compensation-related grant, not an open-market purchase
Total shares after transaction
11,596 Ordinary Shares
Holdings following the Form 4 transaction
Unvested restricted stock units
4,489 RSUs
Will vest on earlier of May 1, 2027 or next annual meeting
Quarterly dividend amount
$0.4523 per ordinary share
Rate used to accrue RSU dividend equivalents
Key Terms
restricted stock unit, dividend equivalents, quarterly dividend, vest
4 terms
restricted stock unit financial
"In accordance with the terms of the restricted stock unit award, additional restricted stock units accrued as dividend equivalents"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalents financial
"additional restricted stock units accrued as dividend equivalents in connection with the Issuer's payment of a quarterly dividend"
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
"in connection with the Issuer's 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
"Includes 4,489 restricted stock units which will vest on the earlier of (i) May 1, 2027 or (ii) the date of the next annual meeting"
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
What insider transaction did Smurfit Westrock plc (SW) report for Carol Fairweather?
Smurfit Westrock plc reported that director Carol Fairweather received an award of 51 Ordinary Shares at no cost. The shares came from restricted stock units accruing as dividend equivalents, making this a compensation-related acquisition rather than an open-market share purchase.
Was the Smurfit Westrock plc (SW) insider transaction an open-market buy or a grant?
The transaction was a grant-type acquisition, not an open-market buy. Carol Fairweather received 51 Ordinary Shares at a price of $0.00 per share, reflecting restricted stock units credited as dividend equivalents under the company’s equity compensation arrangements.
What role did dividend equivalents play in the Smurfit Westrock plc (SW) Form 4 filing?
Additional restricted stock units accrued as dividend equivalents when Smurfit Westrock plc paid a quarterly dividend of $0.4523 per ordinary share. These units, converted into 51 Ordinary Shares, follow the same terms and conditions as the underlying restricted stock unit award.
When will Carol Fairweather’s restricted stock units in Smurfit Westrock plc (SW) vest?
The Form 4 notes that 4,489 restricted stock units will vest on the earlier of May 1, 2027, or the date of Smurfit Westrock plc’s next annual stockholder meeting. Upon vesting, each restricted stock unit entitles her to receive one ordinary share.