STOCK TITAN

Smurfit Westrock (NYSE: SW) director granted 51 shares via dividend-linked RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Rasmussen Jorgen Buhl

(Last)(First)(Middle)
BEECH HILL, CLONSKEAGH

(Street)
DUBLIN 4D04 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/10/2026A51A$0(1)14,742(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 4,489 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.
Remarks:
/s/ Ciara O'Riordan (attorney-in-fact-pursuant for Jorgen Buhl Rasmussen)06/12/2026
** Signature of Reporting PersonDate
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 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.

How many Smurfit Westrock (SW) shares does Rasmussen hold after this transaction?

After the transaction, Rasmussen directly holds 14,742 ordinary shares. This total includes both already owned shares and 4,489 restricted stock units that are scheduled to vest on a future date under the award’s terms.

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.