Smurfit Westrock (SW) executive adds shares and 19,495 RSUs via awards
Rhea-AI Filing Summary
Smurfit Westrock plc executive Alvaro Henao received additional equity awards as compensation. He was granted 38 ordinary shares, bringing his direct holdings to 72,769 shares. He also acquired 223 restricted stock units (PSUs) credited as dividend equivalents, increasing his PSU balance to 19,495 units that each represent one ordinary share.
According to the award terms, some restricted stock units accrue as dividend equivalents when the company pays its quarterly dividend of $0.4523 per ordinary share and remain subject to the same vesting conditions. Footnotes state that 10,676 restricted stock units are scheduled to vest in three equal annual installments, and 19,495 restricted stock units are due to vest and settle in February 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (PSP) | 223 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 38 | $0.00 | $0.00 |
Footnotes (3)
- 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.
- F2. Includes 10,676 restricted stock units which are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.
- F3. The 19,495 restricted stock units vest and are due to settle in February 2027.
Key Figures
Key Terms
Restricted Stock Units (PSP) financial
dividend equivalents financial
vest financial
settle financial
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