Smurfit Westrock (SW) director Irial Finan receives 80-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smurfit Westrock plc director Irial Finan received an award of 80 ordinary shares as part of a restricted stock unit (RSU) program. The Form 4 classifies this as a grant or award acquisition with no cash paid per share. After this award, Finan directly holds 58,898 ordinary shares.
Footnotes explain that the additional RSUs accrued as dividend equivalents tied to a quarterly dividend of $0.4523 per ordinary share and are subject to the same terms as the underlying award. His holdings include 7,054 RSUs scheduled to vest on the earlier of May 1, 2027, or the next annual meeting of Smurfit Westrock plc stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Finan Irial
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 80 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 58,898 shares (Direct, null)
Footnotes (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 7,054 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
Shares awarded: 80 ordinary shares
Post-transaction holdings: 58,898 ordinary shares
Unvested RSUs: 7,054 restricted stock units
+2 more
5 metrics
Shares awarded
80 ordinary shares
RSU-related grant on June 10, 2026
Post-transaction holdings
58,898 ordinary shares
Direct holdings after reported grant
Unvested RSUs
7,054 restricted stock units
Scheduled to vest by May 1, 2027 or next annual meeting
Quarterly dividend amount
$0.4523 per ordinary share
Dividend used to calculate RSU dividend equivalents
Award price per share
$0.0000 per share
Recorded acquisition price for 80-share grant
Key Terms
restricted stock unit, dividend equivalents, vesting, ordinary share
4 terms
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.
vesting financial
"Includes 7,054 restricted stock units which will vest on the earlier of (i) May 1, 2027, or (ii) the date of the next annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Smurfit Westrock (SW) director Irial Finan report?
Director Irial Finan reported receiving 80 ordinary shares as a grant under a restricted stock unit program. The acquisition was recorded at a price of $0.0000 per share, reflecting a compensation-related award rather than an open-market purchase.
What are the key details of the restricted stock units reported by Smurfit Westrock (SW)?
The filing notes RSUs that accrue additional units as dividend equivalents tied to a $0.4523 quarterly dividend per ordinary share. Each RSU represents the right to receive one ordinary share under the same terms as the original award.
When will Irial Finan’s restricted stock units in Smurfit Westrock (SW) vest?
The filing states that 7,054 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, aligning vesting with a clear future company milestone.
Was the Smurfit Westrock (SW) insider transaction an open-market buy or a compensation award?
The transaction is classified as a grant, award, or other acquisition, not an open-market purchase. The 80 shares were received through RSUs accruing as dividend equivalents, with a recorded price of $0.0000 per share.