Director at Smurfit Westrock (SW) gains 51 RSUs via dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smurfit Westrock plc director Suzan F. Harrison reported an automatic equity award tied to dividend payments. She acquired 51 additional restricted stock units at no cost as dividend equivalents on existing awards, linked to a quarterly dividend of $0.4523 per ordinary share. Following this grant, she holds 28,006 ordinary shares directly, 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
1 transaction reported
Mixed
1 txn
Insider
Harrison Suzan F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 51 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 28,006 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 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
RSUs granted: 51 restricted stock units
Dividend amount: $0.4523 per ordinary share
Total shares after: 28,006 ordinary shares
+2 more
5 metrics
RSUs granted
51 restricted stock units
Dividend-equivalent accrual on existing award
Dividend amount
$0.4523 per ordinary share
Quarterly dividend triggering RSU accrual
Total shares after
28,006 ordinary shares
Direct holdings following the award
Unvested RSUs
4,489 restricted stock units
Units scheduled to vest by May 1, 2027 or earlier meeting
Grant price
$0.0000 per share
Compensation-related award, not a market purchase
Key Terms
restricted stock unit, dividend equivalents, quarterly dividend, vest, +1 more
5 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.
quarterly dividend financial
"in connection with the Issuer's payment of a 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
"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"
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 Suzan F. Harrison?
Suzan F. Harrison received an automatic equity award. She acquired 51 additional restricted stock units at no cost as dividend equivalents on existing awards, increasing her direct holdings to 28,006 ordinary shares, including unvested units subject to future vesting conditions.
What are dividend-equivalent restricted stock units in Smurfit Westrock’s (SW) Form 4?
Dividend-equivalent RSUs mirror cash dividends in share form. When Smurfit Westrock pays a quarterly dividend of $0.4523 per ordinary share, additional restricted stock units accrue on existing awards, instead of immediate cash, and these units follow the same vesting terms as the underlying grant.
When will Suzan F. Harrison’s Smurfit Westrock (SW) restricted stock units vest?
4,489 restricted stock units are scheduled to vest on a future date. They will vest on the earlier of May 1, 2027 or the date of the next annual meeting of Smurfit Westrock plc’s stockholders, at which point they convert into ordinary shares.