Smurfit Westrock (SW) director awarded dividend-equivalent stock units

Rhea-AI Filing Summary

Smurfit Westrock plc director reported a small equity award linked to a recent dividend. On 12/18/2025, the reporting person acquired 48 ordinary shares, effectively additional restricted stock units that accrued as dividend equivalents in connection with the company’s quarterly dividend of $0.4308 per ordinary share. These new units were received at a stated price of $0 and are subject to the same terms as the existing restricted stock unit award.

Following this transaction, the reporting person beneficially owns 9,179 ordinary shares in total. This figure includes 4,371 restricted stock units that are scheduled to vest on the earlier of May 2, 2026 or the date of the next annual meeting of Smurfit Westrock plc’s stockholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Fairweather Carol

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares	48	$0.00	--

Holdings After Transaction: Ordinary Shares — 9,179 shares (Direct)

Footnotes (1)

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 $0.4308 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 4,371 restricted stock units which will vest on the earlier of (i) May 2, 2026 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders.

Form 4 Insider Transactions: What Each Field Means →

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^*

Fairweather Carol

(Last) (First) (Middle)

BEECH HILL, CLONSKEAGH

(Street)

DUBLIN 4 L2 D04 N2R2

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Smurfit Westrock plc [ SW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/18/2025		A		48	A	$0(1)	9,179(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 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.

2. Includes 4,371 restricted stock units which will vest on the earlier of (i) May 2, 2026 or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders.

Remarks:

	/s/ Ciara O'Riordan, attorney-in-fact pursuant for Carol Fairweather	12/19/2025
	** 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.

FAQ

What insider transaction did Smurfit Westrock plc (SW) report in this Form 4?

The filing shows a director acquired 48 ordinary shares on 12/18/2025, representing additional restricted stock units credited as dividend equivalents at a stated price of $0.

Why were 48 additional restricted stock units credited to the Smurfit Westrock (SW) director?

The 48 restricted stock units accrued as dividend equivalents in connection with Smurfit Westrock plc’s quarterly dividend of $0.4308 per ordinary share, and carry the same terms as the underlying award.

How many Smurfit Westrock plc (SW) shares does the reporting person now beneficially own?

After the reported transaction, the reporting person beneficially owns 9,179 ordinary shares of Smurfit Westrock plc.

What are the vesting terms of the restricted stock units in this Smurfit Westrock (SW) Form 4?

The total includes 4,371 restricted stock units that will vest on the earlier of May 2, 2026 or the date of the next annual meeting of Smurfit Westrock plc’s stockholders.

What role does the reporting person hold at Smurfit Westrock plc (SW)?

The filing identifies the reporting person’s relationship to Smurfit Westrock plc as a Director.

How many ordinary shares does each restricted stock unit represent at Smurfit Westrock plc (SW)?

Each restricted stock unit represents the right to receive one ordinary share of Smurfit Westrock plc.