Director at Smurfit Westrock (SW) receives 51 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Carole Lynnette reported acquisition or exercise transactions in this Form 4 filing.
Smurfit Westrock plc director Carole Lynnette Brown received an award of 51 ordinary shares on a grant/award basis at no purchase price, increasing her direct holdings to 6,788 ordinary shares. The award arose from restricted stock units that accrued as dividend equivalents on a quarterly dividend of $0.4523 per ordinary share.
Each restricted stock unit represents the right to receive one ordinary share, and 4,489 of these restricted stock units are scheduled to vest on the earlier of May 1, 2027 or the date of the next annual meeting of Smurfit Westrock plc's stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Carole Lynnette
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 51 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 6,788 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
Shares granted: 51 ordinary shares
Grant price: $0.0000 per share
Shares held after transaction: 6,788 ordinary shares
+2 more
5 metrics
Shares granted
51 ordinary shares
Grant/award acquisition on June 10, 2026
Grant price
$0.0000 per share
Awarded as compensation, not purchased
Shares held after transaction
6,788 ordinary shares
Direct holdings following the award
Quarterly dividend rate
$0.4523 per ordinary share
Rate used to accrue dividend-equivalent RSUs
RSUs scheduled to vest
4,489 restricted stock units
Vest on earlier of May 1, 2027 or next annual meeting
Key Terms
restricted stock unit, dividend equivalents, quarterly dividend, vesting
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.
quarterly dividend financial
"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.
vesting 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"
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) report for Carole Lynnette Brown?
Smurfit Westrock reported that director Carole Lynnette Brown received 51 ordinary shares as a grant or award at no purchase price. This came from restricted stock units accruing as dividend equivalents on the company’s quarterly dividend of $0.4523 per ordinary share.
What are the terms of the restricted stock units reported for Smurfit Westrock (SW)?
The restricted stock units represent the right to receive one ordinary share each and accrued as dividend equivalents on a quarterly dividend of $0.4523 per share. These additional units are subject to the same terms and conditions as the underlying restricted stock unit award originally granted.
When will Carole Lynnette Brown’s Smurfit Westrock (SW) restricted stock units vest?
A total of 4,489 restricted stock units will vest on the earlier of May 1, 2027 or the date of Smurfit Westrock plc’s next annual meeting of stockholders. Vesting converts each restricted stock unit into one ordinary share if the vesting conditions are satisfied.