Smurfit Westrock (SW) executive reports share vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smurfit Westrock executive Laurent Sellier reported equity award vesting and related share movements. On February 13, 2026, he acquired 37,885 ordinary shares through the vesting and settlement of performance share plan units and 9,806 ordinary shares from deferred bonus plan units, both at an exercise price of $0 per share.
To cover tax withholding obligations tied to these vestings, 15,926 ordinary shares were withheld at a price of $51.42 per share. Following these transactions, Sellier directly beneficially owned 130,901 ordinary shares, with an additional 3,188 ordinary shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
47,691 shares exercised/converted
Mixed
6 txns
Insider
Sellier Laurent
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (PSP) | 37,885 | $0.00 | -- |
| Exercise | Restricted Stock Units (DBP) | 9,806 | $0.00 | -- |
| Exercise | Ordinary Shares | 37,885 | $0.00 | -- |
| Exercise | Ordinary Shares | 9,806 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 15,926 | $51.42 | $819K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (PSP) — 30,614 shares (Direct);
Restricted Stock Units (DBP) — 8,999 shares (Direct);
Ordinary Shares — 137,021 shares (Direct);
Ordinary Shares — 3,188 shares (Indirect, Shares owned by spouse)
Footnotes (1)
- Reflects the acquisition of common stock upon vesting and settlement of performance share plan awards. Each performance share plan award represents a right to receive one ordinary share of Smurfit Westrock plc upon vesting and settlement of the applicable award. Reflects the acquisition of common stock upon vesting and settlement of deferred bonus plan awards. Each deferred bonus plan award represents a right to receive one ordinary share of Smurfit Westrock plc upon vesting and settlement of the applicable award. Reflects ordinary shares of Smurfit Westrock plc withheld to satisfy the reporting persons tax withholding obligation upon vesting and settlement of deferred bonus plan awards and performance share plan awards. Reflects the vesting and settlement of deferred bonus plan awards granted on 22 September 2023 and performance share plan awards granted on 22 September 2023.
FAQ
What insider transactions did Smurfit Westrock (SW) report for Laurent Sellier?
Smurfit Westrock reported that Laurent Sellier acquired ordinary shares through vesting of performance and deferred bonus share units, and had additional shares withheld to satisfy tax obligations. These movements reflect compensation-related equity activity rather than open-market buying or selling.
What roles do the PSP and DBP awards play in Smurfit Westrock (SW) executive compensation?
The performance share plan (PSP) and deferred bonus plan (DBP) awards give executives rights to receive ordinary shares upon vesting and settlement. Each vested unit converts into one ordinary share, aligning a portion of executive compensation with the company’s equity performance over time.
Is Laurent Sellier’s Form 4 for Smurfit Westrock (SW) a routine compensation event?
Yes, the Form 4 reflects routine compensation events where previously granted performance and deferred bonus share units vested and settled into ordinary shares. The accompanying share withholding for taxes is also a standard mechanism used to meet statutory tax obligations.