SW Director Acquires 605 RSUs as Dividend Equivalents|Smurfit Westrock Director Owns 61,887 RSUs After Transaction|Alan Wilson Form 4 - SW Director Stock Update
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 filing reveals Director Alan D. Wilson of Smurfit Westrock acquired 605.162 ordinary shares on June 18, 2025, through dividend equivalent restricted stock units (RSUs) at $0 cost. Following the transaction, Wilson beneficially owns 61,886.986 shares directly. His holdings include 4,282 RSUs vesting by May 2, 2026 or next annual meeting, plus 55,877.986 fully vested RSUs to be settled upon board service termination per WestRock's 2016 Deferred Compensation Plan. The dividend equivalent RSUs were granted in connection with quarterly dividend of $0.4308 per share and carry same terms as underlying awards. Filing was completed by attorney-in-fact Ciara O'Riordan on June 23, 2025.
Positive
- Director Alan D. Wilson received 605.162 additional restricted stock units as dividend equivalents, demonstrating alignment with shareholder interests through equity-based compensation
- Director holds a significant position of 61,886.986 shares, including both vested and unvested restricted stock units, indicating strong insider ownership
Negative
- The filing indicates future director departure plans, as 55,877.986 restricted stock units will be settled following Wilson's cessation of service on the board
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILSON ALAN D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 605.162 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 61,886.986 shares (Direct)
Footnotes (1)
- In accordance with the terms of outstanding restricted stock units, additional restricted stock units accrued as dividend equivalents in connection with the Issuer's payment of a quarterly dividend of $0.4308 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 4,282 restricted stock units which are scheduled to vest on the earlier of (i) May 2,2026 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders and 55,877.986 fully vested restricted stock units that will be settled in ordinary shares following the Reporting Person's cessation of service as a member of the Issuer's board of directors in accordance with the terms of the WestRock Company 2016 Deferred Compensation Plan for Non-Employee Directors.
FAQ
What positions does Alan Wilson hold at Smurfit Westrock (SW)?
Alan Wilson serves as a Director on Smurfit Westrock's board, as indicated by the Form 4 filing.
When will Alan Wilson's restricted stock units for SW vest?
4,282 restricted stock units will vest on the earlier of May 2, 2026 or the date of the next annual stockholders meeting, while 55,877.986 units are fully vested but will be settled upon cessation of his board service.
What was the dividend amount that generated SW's additional restricted stock units?
The additional restricted stock units were generated from a quarterly dividend of $0.4308 per ordinary share.