Smurfit Westrock (NYSE: SW) director granted 51 shares via dividend-linked RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rasmussen Jorgen Buhl reported acquisition or exercise transactions in this Form 4 filing.
Smurfit Westrock plc director Jorgen Buhl Rasmussen received 51 ordinary shares as a stock award tied to dividend equivalents. The award stems from restricted stock units that accrue when the company pays a quarterly dividend of $0.4523 per ordinary share. After this grant, he directly holds 14,742 ordinary shares, including 4,489 restricted stock units scheduled to vest on the earlier of May 1, 2027 or the next annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rasmussen Jorgen Buhl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 51 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 14,742 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 4,489 restricted stock units which will vest on the earlier of (i) May 1, 2027 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders.
Key Figures
Shares awarded: 51 shares
Price per awarded share: $0.0000 per share
Total shares after transaction: 14,742 shares
+2 more
5 metrics
Shares awarded
51 shares
Grant of ordinary shares as restricted stock unit dividend equivalents on 2026-06-10
Price per awarded share
$0.0000 per share
Indicates compensation grant, not open-market purchase
Total shares after transaction
14,742 shares
Director’s direct holdings following the Form 4 transaction
Unvested restricted stock units
4,489 RSUs
Units scheduled to vest on earlier of May 1, 2027 or next annual meeting
Quarterly dividend
$0.4523 per share
Dividend per ordinary share that generated dividend-equivalent RSUs
Key Terms
restricted stock unit, dividend equivalents, quarterly dividend
3 terms
restricted stock unit financial
"In accordance with the terms of the restricted stock unit award, additional restricted stock units accrued as dividend equivalents"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalents financial
"additional restricted stock units accrued as dividend equivalents in connection with the Issuer's payment of a quarterly dividend"
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.
FAQ
What did Smurfit Westrock (SW) director Jorgen Buhl Rasmussen report on this Form 4?
Director Jorgen Buhl Rasmussen reported receiving 51 ordinary shares as a stock award. These shares arose from restricted stock units that accrued as dividend equivalents when Smurfit Westrock paid its quarterly dividend of $0.4523 per ordinary share.
Is the Smurfit Westrock (SW) transaction an open-market buy or a stock award?
The transaction is a stock award, not an open-market purchase. Rasmussen acquired 51 ordinary shares at a price of $0.0000 per share, reflecting restricted stock units granted as compensation rather than shares bought on the market.
What dividend amount triggered the additional restricted stock units for Smurfit Westrock (SW)?
Additional restricted stock units accrued when Smurfit Westrock paid a quarterly dividend of $0.4523 per ordinary share. These units are credited as dividend equivalents and follow the same vesting terms as the underlying restricted stock unit award.
When will Rasmussen’s Smurfit Westrock (SW) restricted stock units vest?
Rasmussen’s 4,489 restricted stock units will vest on the earlier of May 1, 2027 or the date of the next annual meeting of Smurfit Westrock plc stockholders. Vesting timing follows the specific terms outlined in the award agreement.
What does each restricted stock unit represent for Smurfit Westrock (SW)?
Each restricted stock unit represents the right to receive one ordinary share of Smurfit Westrock. The additional units granted as dividend equivalents are subject to the same terms and conditions, including vesting requirements, as the original restricted stock unit award.