Smurfit Westrock (NYSE: SW) LATAM chief now holds 72,836 shares

Rhea-AI Filing Summary

Smurfit Westrock plc (SW) reported that executive Alvaro Henao, President and Chief Executive Officer, LATAM, acquired 67 ordinary shares through a restricted stock unit (RSU) award credited as dividend equivalents. The shares were acquired at a stated price of $0.00 per share. Following this award, Henao directly holds 72,836 ordinary shares, including 10,743 RSUs that each represent the right to receive one ordinary share and are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.

Insider Trade Summary

Net Buyer: 67 shares

Net Buy 1 txn

Insider Henao Alvaro

Role See remarks

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares F1, F2	67	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 72,836 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 10,743 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

RSU Shares Granted: 67 shares Price Per Share: $0.00 per share Total Holdings After Transaction: 72,836 shares +2 more

5 metrics

RSU Shares Granted 67 shares Ordinary shares acquired via restricted stock unit dividend equivalents on 2026-08-14

Price Per Share $0.00 per share Stated transaction price for the 67 ordinary shares acquired via RSUs

Total Holdings After Transaction 72,836 shares Direct ordinary share holdings of Alvaro Henao following the reported acquisition

Restricted Stock Units Included 10,743 RSUs RSUs included within post-transaction holdings, each representing one ordinary share

Quarterly Dividend $0.4523 per ordinary share Issuer’s quarterly dividend used to calculate RSU dividend equivalents

Key Terms

restricted stock unit, dividend equivalents, vest

3 terms

restricted stock unit financial

"In accordance with the terms of the restricted stock unit award, additional"

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"

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 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.

FAQ

What insider transaction did Smurfit Westrock plc (SW) report for Alvaro Henao?

Smurfit Westrock plc reported that Alvaro Henao received a grant of 67 ordinary shares via restricted stock units as dividend equivalents, increasing his direct holdings to 72,836 ordinary shares, including 10,743 RSUs subject to time-based vesting.

How many Smurfit Westrock (SW) shares does Alvaro Henao hold after this Form 4 transaction?

After the reported transaction, Alvaro Henao directly holds 72,836 ordinary shares of Smurfit Westrock plc. This total includes 10,743 restricted stock units (RSUs), each representing a contingent right to receive one ordinary share upon vesting.

What was the price per share for the RSU-related shares reported for SW on this Form 4?

The 67 ordinary shares credited to Alvaro Henao through the RSU award were reported at a stated price of $0.00 per share. These shares arose from dividend equivalent accruals tied to the issuer’s quarterly dividend, not an open-market purchase.

How are Alvaro Henao’s restricted stock units (RSUs) in Smurfit Westrock (SW) scheduled to vest?

Alvaro Henao’s 10,743 RSUs are scheduled to vest in three equal annual installments, beginning on the first anniversary of the grant date. Each RSU represents a contingent right to receive one ordinary share of Smurfit Westrock plc upon vesting.

Why did additional RSUs accrue to Alvaro Henao in this Smurfit Westrock (SW) filing?

Additional RSUs accrued to Alvaro Henao as dividend equivalents based on Smurfit Westrock’s quarterly dividend of $0.4523 per ordinary share. These additional RSUs follow the same terms and conditions as the underlying RSU award.

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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 - 11:44 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^*

Henao Alvaro

(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		67	A	$0(1)	72,836(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 10,743 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:

President and Chief Executive Officer, LATAM

	/s/ Ciara O'Riordan (attorney-in-fact for Alvaro Henao)	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)