Smurfit Westrock (SW) officer receives share and RSU awards in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smurfit Westrock plc officer Saverio Mayer reported routine equity compensation awards. On June 10, 2026, he acquired 127 ordinary shares at $0.00 per share and 432 restricted stock units (PSP), both as grants rather than market purchases.
Following these transactions, Mayer directly owned 241,370 ordinary shares and 37,651 restricted stock units. Footnotes explain that part of the RSU increase reflects dividend equivalents tied to a quarterly dividend of $0.4523 per ordinary share, and that 32,390 RSUs are scheduled to vest in three equal annual installments, with all 37,651 RSUs due to settle in February 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mayer Saverio
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (PSP) | 432 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 127 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (PSP) — 37,651 shares (Direct, null);
Ordinary Shares — 241,370 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 32,390 restricted stock units which are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date. The 37,651 restricted stock units vest and are due to settle in February 2027.
Key Figures
Ordinary shares granted: 127 shares
RSUs granted (PSP): 432 units
Shares after transaction: 241,370 shares
+4 more
7 metrics
Ordinary shares granted
127 shares
Equity award on June 10, 2026
RSUs granted (PSP)
432 units
Restricted Stock Units (PSP) awarded June 10, 2026
Shares after transaction
241,370 shares
Total ordinary shares directly owned after awards
RSUs after transaction
37,651 units
Total restricted stock units outstanding after awards
RSUs with annual vesting
32,390 units
Scheduled to vest in three equal annual installments
Quarterly dividend per share
$0.4523
Dividend generating RSU dividend equivalents
RSU settlement date
February 2027
37,651 RSUs vest and are due to settle
Key Terms
Restricted Stock Units (PSP), dividend equivalents, vest, settle
4 terms
Restricted Stock Units (PSP) financial
"security_title: "Restricted Stock Units (PSP)""
dividend equivalents financial
"additional restricted stock units 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.
vest financial
"restricted stock units which are scheduled to vest in three equal annual installments"
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.
settle financial
"The 37,651 restricted stock units vest and are due to settle in February 2027"
FAQ
What insider transaction did Smurfit Westrock (SW) report for Saverio Mayer?
Smurfit Westrock reported that officer Saverio Mayer received equity awards, not open-market trades. He acquired 127 ordinary shares and 432 restricted stock units as compensation grants, increasing his direct holdings without paying cash, which is typical for long-term incentive plans.
What restricted stock unit (RSU) awards did Saverio Mayer receive from Smurfit Westrock (SW)?
Mayer received 432 restricted stock units under a performance share plan. The filing notes that 32,390 RSUs are scheduled to vest in three equal annual installments and that the total 37,651 RSUs outstanding are expected to vest and settle in February 2027, assuming conditions are satisfied.
How are dividend equivalents reflected in Saverio Mayer’s Smurfit Westrock (SW) RSUs?
The RSU award accrues additional units as dividend equivalents when Smurfit Westrock pays its quarterly dividend of $0.4523 per ordinary share. These additional RSUs follow the same terms and conditions as the original award, effectively reinvesting dividends into more units instead of cash payouts.