Smurfit Westrock director receives 51-share stock award
Rasmussen Jorgen Buhl reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 51 | $0.00 | $0.00 |
Footnotes (2)
- 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 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
Key Terms
restricted stock unit financial
dividend equivalents financial
quarterly dividend financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Smurfit Westrock (SW) director Jorgen Buhl Rasmussen report on this Form 4?
Is the Smurfit Westrock (SW) transaction an open-market buy or a stock award?
What dividend amount triggered the additional restricted stock units for Smurfit Westrock (SW)?
When will Rasmussen’s Smurfit Westrock (SW) restricted stock units vest?
What does each restricted stock unit represent for Smurfit Westrock (SW)?
AI-generated analysis. How Rhea-AI works. Not financial advice.