Smurfit Westrock (SW) CFO Ken Bowles granted shares and RSUs in equity awards
Rhea-AI Filing Summary
Bowles Ken reported acquisition or exercise transactions in this Form 4 filing.
Smurfit Westrock plc director and Executive VP & Group CFO Ken Bowles reported routine equity compensation awards. On June 10, 2026, he received 150 ordinary shares and 490 Restricted Stock Units (PSP) at no cost. The additional RSUs accrued as dividend equivalents linked to a quarterly dividend of $0.4523 per ordinary share and carry the same terms as the original award, with each RSU representing one ordinary share. Following these awards, Bowles holds 174,113 ordinary shares directly and 42,770 RSUs, including 38,606 RSUs scheduled to vest in three equal annual installments and RSUs due to vest and settle in February 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 150 shares
Net Buy
2 txns
Insider
Bowles Ken
Role
Executive VP and Group CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (PSP) | 490 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 150 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (PSP) — 42,770 shares (Direct);
Ordinary Shares — 174,113 shares (Direct)
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 38,606 restricted stock units which are scheduled to vest in three equal annual installments on the first anniversary of the grant date.
- F3. The 42,770 restricted stock units vest and are due to settle in February 2027.
Key Figures
Ordinary shares granted: 150 shares
RSUs (PSP) granted: 490 units
Shares held after award: 174,113 shares
+4 more
7 metrics
Ordinary shares granted
150 shares
Award on June 10, 2026 at $0.00 per share
RSUs (PSP) granted
490 units
Restricted Stock Units (PSP) awarded on June 10, 2026
Shares held after award
174,113 shares
Total ordinary shares directly owned after transactions
RSUs held after award
42,770 units
Total Restricted Stock Units following the RSU transaction
Quarterly dividend
$0.4523 per share
Dividend per ordinary share that generated dividend-equivalent RSUs
RSUs vesting schedule
38,606 units
Vest in three equal annual installments from first grant anniversary
RSU settlement date
February 2027
42,770 RSUs vest and are due to settle in February 2027
Key Terms
Restricted Stock Units (PSP), dividend equivalents, quarterly dividend, vest, +1 more
5 terms
Restricted Stock Units (PSP) financial
"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.
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 38,606 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 42,770 restricted stock units vest and are due to settle in February 2027"
FAQ
What did Smurfit Westrock (SW) executive Ken Bowles report in this Form 4?
Ken Bowles, Executive VP and Group CFO of Smurfit Westrock, reported equity awards including ordinary shares and restricted stock units. These awards reflect routine compensation rather than open-market buying or selling, and increase his direct and RSU-based holdings in the company.
What restricted stock units (RSUs) did Ken Bowles acquire in Smurfit Westrock (SW)?
Ken Bowles acquired 490 Restricted Stock Units (PSP), each representing the right to receive one ordinary share. After this award, he holds 42,770 RSUs in total, which form part of his long-term equity-based compensation linked to Smurfit Westrock performance.
Why did additional RSUs accrue to Ken Bowles at Smurfit Westrock (SW)?
Additional RSUs accrued to Ken Bowles as dividend equivalents when Smurfit Westrock paid a quarterly dividend of $0.4523 per ordinary share. These new RSUs follow the same terms and conditions as the underlying award and effectively reinvest the cash dividend in stock units.
When do Ken Bowles’s Smurfit Westrock (SW) RSUs vest and settle?
Of Ken Bowles’s RSUs, 38,606 are scheduled to vest in three equal annual installments on the first anniversary of the grant date. The 42,770 RSUs referenced, including new units, are due to vest and settle in February 2027, subject to standard award conditions.
Are Ken Bowles’s recent Smurfit Westrock (SW) transactions open-market trades?
The reported transactions are not open-market trades; they are equity awards and dividend-equivalent RSUs granted at $0.00 per unit. They represent compensation-related acquisitions, increasing his holdings without signaling discretionary buying or selling in the public market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
