Smurfit Westrock (NYSE: SW) awards 71 shares to counsel

Rhea-AI Filing Summary

Smurfit Westrock plc (SW) reported that Executive Vice President and Group General Counsel Ben Garren acquired 71 ordinary shares on August 14, 2026 through a grant/award. These shares arose from dividend-equivalent accruals on existing restricted stock units tied to the company’s quarterly dividend. Following this grant, Garren holds a total of 14,940 ordinary shares directly, including 13,112 restricted stock units that will vest in three equal annual installments beginning on the first anniversary of their grant date.

Insider Trade Summary

Net Buyer: 71 shares

Net Buy 1 txn

Insider Garren Ben

Role See remarks

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares F1, F2	71	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 14,940 shares (Direct)

Footnotes (2)

1. F1. 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. F2. Includes 13,112 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 acquired: 71 shares Transaction price per share: $0.0000 per share Total shares following transaction: 14,940 shares +2 more

5 metrics

Shares acquired 71 shares Grant/award acquisition on August 14, 2026 via dividend-equivalent RSUs

Transaction price per share $0.0000 per share Price for the 71-share grant/award acquisition

Total shares following transaction 14,940 shares Direct holdings of Ben Garren after the August 14, 2026 transaction

Restricted stock units included 13,112 RSUs RSU awards included in Garren’s direct holdings, each RSU equals one ordinary share

Quarterly dividend per ordinary share $0.4523 per share Dividend rate used to calculate dividend-equivalent RSU accruals

Key Terms

restricted stock unit, dividend equivalents, quarterly dividend, vest, +1 more

5 terms

restricted stock unit financial

"Includes 13,112 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

"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.

quarterly dividend financial

"based on the Issuer's 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

"The RSUs 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.

contingent right financial

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

FAQ

What insider transaction did Smurfit Westrock plc (SW) disclose for Ben Garren?

Smurfit Westrock plc disclosed that Ben Garren received a grant of 71 ordinary shares on August 14, 2026. The shares came from dividend-equivalent accruals on his existing restricted stock units rather than from any market purchase.

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

After the reported transaction, Ben Garren directly holds 14,940 ordinary shares of Smurfit Westrock plc. This total includes 13,112 restricted stock units (RSUs), each representing a contingent right to receive one ordinary share upon vesting.

What triggered the 71-share award reported in Smurfit Westrock plc (SW)’s Form 4?

The 71-share award was triggered by dividend equivalents on existing RSUs based on Smurfit Westrock’s quarterly dividend of $0.4523 per ordinary share. Additional RSUs accrued as of the dividend record date and carry the same terms as the underlying award.

How do Ben Garren’s RSUs in Smurfit Westrock plc (SW) vest?

Ben Garren’s 13,112 restricted stock units are scheduled to vest in three equal annual installments, beginning on the first anniversary of the original grant date. Each RSU represents a contingent right to receive one ordinary share upon vesting.

Was Ben Garren’s Smurfit Westrock plc (SW) share acquisition a market purchase?

No. The acquisition of 71 ordinary shares reported for Ben Garren reflects a grant/award via dividend-equivalent accruals on RSUs. The per-share transaction price is listed as $0.0000, indicating it was not an open-market purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/18/2026 - 11:44 AM Accepted by SEC EDGAR 08/18/2026 - 11:43 AM Learn about SEC filing dates

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)
08/14/2026

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	08/14/2026		A		71	A	$0(1)	14,940(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 13,112 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)	08/18/2026
	** 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)