Smurfit Westrock (SW) officer receives stock units and 92 shares

Rhea-AI Filing Summary

Smurfit Westrock plc reported that officer Ben Garren acquired 92 ordinary shares through a grant at no cost. This reflects additional shares tied to restricted stock unit dividend equivalents. Following the award, he holds 14,809 ordinary shares, including 12,981 restricted stock units that are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Garren Ben

Role See remarks

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	92	$0.00	--

Holdings After Transaction: Ordinary Shares — 14,809 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 based on the Issuer's quarterly dividend of $0.4523 per ordinary share, with such accrual determined as of the dividend record date. 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 12,981 restricted stock unit awards. Each restricted stock unit represents a contingent right to receive one ordinary share. The RSUs are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.

Key Figures

Shares granted: 92 ordinary shares Price per share: $0.0000 per share Total holdings after grant: 14,809 ordinary shares +2 more

5 metrics

Shares granted 92 ordinary shares Grant/award acquisition on May 15, 2026

Price per share $0.0000 per share Grant price for 92 ordinary shares

Total holdings after grant 14,809 ordinary shares Shares held following the transaction

RSU awards included 12,981 restricted stock units Each RSU represents one ordinary share

Quarterly dividend rate $0.4523 per ordinary share Basis for dividend-equivalent RSU accrual

Key Terms

restricted stock unit, dividend equivalents, vest in three equal annual installments, ordinary share

4 terms

restricted stock unit financial

"Includes 12,981 restricted stock unit awards."

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 based on the Issuer's 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.

vest in three equal annual installments financial

"The RSUs are scheduled to vest in three equal annual installments"

ordinary share financial

"Each restricted stock unit represents a contingent right to receive one ordinary share."

An ordinary share is a unit of ownership in a company that gives the holder a stake in its profits and usually the right to vote on key decisions. Think of it like a slice of a pizza where each slice entitles you to a portion of what’s left after bills are paid; value can rise or fall with the business and may pay dividends, so it matters to investors for income, growth and control.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Garren Ben

(Last) (First) (Middle)

BEECH HILL, CLONSKEAGH

(Street)

DUBLIN 4 D04 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/15/2026		A		92	A	$0(1)	14,809(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 based on the Issuer's quarterly dividend of $0.4523 per ordinary share, with such accrual determined as of the dividend record date. 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 12,981 restricted stock unit awards. Each restricted stock unit represents a contingent right to receive one ordinary share. The RSUs are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.

Remarks:

Executive Vice President and Group General Counsel

	/s/ Ciara O'Riordan (attorney-in-fact for Ben Garren)	05/19/2026
	** Signature of Reporting Person	Date
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 insider transaction did Smurfit Westrock (SW) report for Ben Garren?

Smurfit Westrock reported that officer Ben Garren received a grant of 92 ordinary shares at no cost. The shares are linked to his restricted stock unit awards and increase his overall equity position in the company.

How many Smurfit Westrock (SW) shares does Ben Garren hold after this Form 4?

After the reported transaction, Ben Garren holds 14,809 ordinary shares of Smurfit Westrock. This total includes both directly held shares and restricted stock units that entitle him to receive additional ordinary shares upon vesting.

What restricted stock unit (RSU) grants does Ben Garren have at Smurfit Westrock (SW)?

Ben Garren’s holdings include 12,981 restricted stock unit awards, each representing a right to receive one ordinary share. These RSUs are part of his equity compensation and are subject to a scheduled vesting period over several years.

How do dividend equivalents affect Ben Garren’s RSUs at Smurfit Westrock (SW)?

Additional restricted stock units accrued to Ben Garren as dividend equivalents based on Smurfit Westrock’s quarterly dividend of $0.4523 per ordinary share. These added RSUs follow the same terms and conditions as his original restricted stock unit award.

When will Ben Garren’s Smurfit Westrock (SW) RSUs vest?

Ben Garren’s restricted stock units are scheduled to vest in three equal annual installments starting on the first anniversary of the grant date. Each installment converts a portion of the RSUs into ordinary shares if the vesting conditions are satisfied.