Smurfit Westrock (SW) officer Ben Garren granted 60 shares, holds 14,869
Rhea-AI Filing Summary
Garren Ben reported acquisition or exercise transactions in this Form 4 filing.
Smurfit Westrock plc officer Ben Garren received a grant of 60 ordinary shares on June 10, 2026, recorded at a price of $0.00 per share, reflecting a compensation-related award rather than an open-market purchase. Following this grant, he directly holds 14,869 ordinary shares.
Footnotes explain that the grant stems from restricted stock units (RSUs) that accrue additional units as dividend equivalents when the company pays its quarterly dividend of $0.4523 per ordinary share. His holdings include 13,041 RSUs scheduled to vest in three equal annual installments starting on the first anniversary of the grant date, supporting a multi‑year equity compensation structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 60 shares
Net Buy
1 txn
Insider
Garren Ben
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 60 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 14,869 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Includes 13,041 restricted stock units which are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date.
Key Figures
Shares granted: 60 ordinary shares
Price per share: $0.00 per share
Shares held after: 14,869 ordinary shares
+2 more
5 metrics
Shares granted
60 ordinary shares
Grant, award, or other acquisition on June 10, 2026
Price per share
$0.00 per share
Equity award, not open-market purchase
Shares held after
14,869 ordinary shares
Direct ownership following the transaction
Restricted stock units
13,041 RSUs
Scheduled to vest in three equal annual installments
Quarterly dividend
$0.4523 per ordinary share
Rate used for accruing dividend-equivalent RSUs
Key Terms
restricted stock unit, dividend equivalents, vest in three equal annual installments, ordinary shares
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.
vest in three equal annual installments financial
"Includes 13,041 restricted stock units which are scheduled to vest in three equal annual installments…"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Smurfit Westrock (SW) officer Ben Garren report on this Form 4?
Ben Garren reported receiving a grant of 60 ordinary shares on June 10, 2026. The shares were awarded at $0.00 per share as part of his equity compensation, increasing his direct ownership to 14,869 ordinary shares after the transaction.
Was the Smurfit Westrock (SW) Form 4 transaction an open-market buy or sell?
The transaction was not an open-market trade; it was a grant classified as a “grant, award, or other acquisition.” Garren acquired 60 ordinary shares at $0.00 per share through his restricted stock unit award, rather than buying or selling shares in the market.
What are the dividend-equivalent restricted stock units mentioned in the Smurfit Westrock (SW) filing?
The filing states that additional restricted stock units accrue as dividend equivalents when Smurfit Westrock pays a quarterly dividend of $0.4523 per ordinary share. These additional RSUs follow the same terms as the original award and each unit represents the right to receive one ordinary share.
How many restricted stock units does Ben Garren have under Smurfit Westrock (SW) plans?
The footnotes indicate that Ben Garren holds 13,041 restricted stock units. These RSUs are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date, providing a staggered, multi‑year equity vesting schedule.
Does the Smurfit Westrock (SW) Form 4 show any derivative securities or option exercises?
The data for this Form 4 show no derivative transactions or option exercises. The derivativeSummary is empty and the only reported activity is the non-derivative acquisition of 60 ordinary shares through a restricted stock unit-related grant on June 10, 2026.