STOCK TITAN

Smurfit Westrock CFO acquires stock, RSU awards

Smurfit Westrock’s CFO received additional restricted stock units and ordinary shares as dividend-equivalent awards, increasing both his RSU and share holdings.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Smurfit Westrock plc (SW) reported that Executive VP and CFO Ken Bowles received equity-based compensation awards on September 10, 2026. He was granted 458 restricted stock units (PSP)43,228, which are scheduled to vest and settle in February 2027.

On the same date, he also acquired 140 ordinary shares174,487 ordinary shares38,980 restricted stock units

Positive

  • None.

Negative

  • None.
Insider Bowles Ken
Role Executive VP and CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Units (PSP) F1, F3 458 $0.00 $0.00
Grant/Award Ordinary Shares F1, F2 140 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units (PSP) — 43,228 contracts (Direct); Ordinary Shares — 174,487 shares (Direct)
Footnotes (3)
  1. 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.
  2. F2. Includes 38,980 restricted stock units which are scheduled to vest in three equal annual installments on the first anniversary of the grant date.
  3. F3. The 43,228 restricted stock units vest and are due to settle in February 2027.
Restricted stock units granted (PSP) 458 units Dividend-equivalent RSUs granted to Ken Bowles on September 10, 2026
Restricted stock units held after transaction 43,228 units Total RSUs held by Ken Bowles following the September 10, 2026 grant
Ordinary shares acquired 140 shares Dividend-equivalent ordinary shares acquired on September 10, 2026
Ordinary shares held after transaction 174,487 shares Total direct ordinary share holdings of Ken Bowles after the acquisition
Restricted stock units vesting in installments 38,980 units RSUs scheduled to vest in three equal annual installments starting on the first anniversary of the grant date
restricted stock units financial
"Includes 38,980 restricted stock units which are scheduled to vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"units accrued as dividend equivalents in connection with the Issuer's payment"
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 financial
"restricted stock units which are scheduled to vest in three equal annual"
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.
settle financial
"The 43,228 restricted stock units vest and are due to settle in February"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did Smurfit Westrock (SW) grant to CFO Ken Bowles on September 10, 2026?

On September 10, 2026, Ken Bowles received 458 restricted stock units (PSP)140 ordinary shares$0.00 per unit or share.

How many restricted stock units does the Smurfit Westrock (SW) CFO now hold?

Following the September 10, 2026 transaction, Ken Bowles holds 43,228 restricted stock unitsvest and settle in February 2027.

When will the new Smurfit Westrock (SW) restricted stock units vest?

The filing states that 43,228 restricted stock unitsvest and are due to settle in February 2027, subject to the same terms and conditions as the underlying award.

What is the CFO’s total direct holding of Smurfit Westrock (SW) ordinary shares after this Form 4?

After the September 10, 2026 acquisition, Ken Bowles directly holds 174,487 ordinary shares38,980 restricted stock units

Were the Smurfit Westrock (SW) insider transactions made under a Rule 10b5-1 trading plan?

The filing indicates that the Rule 10b5-1 checkbox is not selected, and there is no footnote stating that these transactions were made pursuant to a Rule 10b5-1 or similar pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Bowles Ken

(Last)(First)(Middle)
BEECH HILL, CLONSKEAGH

(Street)
DUBLIN 4D04 N2R2

(City)(State)(Zip)

IRELAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
Smurfit Westrock plc [ SW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive VP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares09/10/2026A140A$0(1)174,487(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (PSP)$0(1)09/10/2026A458 (3) (3)Ordinary Shares458$043,228D
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 $0.4523 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.
2. Includes 38,980 restricted stock units which are scheduled to vest in three equal annual installments on the first anniversary of the grant date.
3. The 43,228 restricted stock units vest and are due to settle in February 2027.
Remarks:
/s/ Ciara O'Riordan (attorney-in-fact for Ken Bowles)09/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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