Smurfit Westrock (SW) director gains 51 dividend-equivalent share units

Rhea-AI Filing Summary

Smurfit Westrock plc director Terrell K. Crews acquired 51 ordinary shares at no cost through a grant classified as a grant/award acquisition. The award reflects additional restricted stock units that accrued as dividend equivalents tied to a quarterly dividend of $0.4523 per ordinary share.

Following this grant, Crews directly holds 32,483 ordinary shares, including 4,422 restricted stock units scheduled to vest on the earlier of May 2, 2026 or the next annual meeting of Smurfit Westrock plc stockholders. He also has an additional 22,635 ordinary shares held indirectly in a trust.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider CREWS TERRELL K

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	51	$0.00	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 32,483 shares (Direct); Ordinary Shares — 22,635 shares (Indirect, Shares held in Trust)

Footnotes (1)

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 4,422 restricted stock units which will vest on the earlier of (i) May 2, 2026 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders

Form 4 Insider Transactions: What Each Field Means →

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^*

CREWS TERRELL K

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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	03/18/2026		A		51	A	$0(1)	32,483(2)	D
Ordinary Shares								22,635	I	Shares held in Trust

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

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 4,422 restricted stock units which will vest on the earlier of (i) May 2, 2026 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders

Remarks:

	/s/ Ciara O'Riordan, attorney-in-fact for Terrell K. Crews	03/20/2026
	** 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)

FAQ

What insider transaction did Smurfit Westrock (SW) director Terrell K. Crews report?

Director Terrell K. Crews reported receiving 51 ordinary shares at no cost. The grant reflects additional restricted stock units accrued as dividend equivalents tied to a quarterly dividend of $0.4523 per share.

How many Smurfit Westrock (SW) shares does Terrell K. Crews hold directly after this Form 4?

After the reported grant, Terrell K. Crews directly holds 32,483 ordinary shares of Smurfit Westrock plc. This direct position includes 4,422 restricted stock units that are scheduled to vest based on future company milestones.

What are the terms of Terrell K. Crews’ restricted stock units in Smurfit Westrock (SW)?

Crews holds 4,422 restricted stock units that will vest on the earlier of May 2, 2026, or the date of the next annual meeting of Smurfit Westrock plc stockholders. Each unit represents the right to receive one ordinary share.

Why did additional restricted stock units accrue for Terrell K. Crews at Smurfit Westrock (SW)?

Additional restricted stock units accrued as dividend equivalents when Smurfit Westrock plc paid a quarterly dividend of $0.4523 per ordinary share. These new units are subject to the same terms and conditions as the original award.

What indirect Smurfit Westrock (SW) holdings are reported for Terrell K. Crews?

The filing shows 22,635 ordinary shares held indirectly in a trust associated with Terrell K. Crews. This trust-held position is reported as an indirect ownership stake, separate from his directly held ordinary shares and restricted stock units.

Does the reported Smurfit Westrock (SW) Form 4 involve any share sales by Terrell K. Crews?

The Form 4 reports an acquisition of 51 ordinary shares via a grant and no share sales. The transaction is coded as a grant, award, or other acquisition, indicating an increase rather than a reduction in his reported holdings.