Form 4: Smurfit WestRock Director Colleen F. Arnold Reports Changes in Beneficial Ownership

Director Colleen F. Arnold reports acquisition of Smurfit WestRock plc ordinary shares due to dividend equivalents and holds restricted stock units.

Summary

• On December 18, 2024, Colleen F. Arnold, a director of Smurfit WestRock plc, acquired 144 ordinary shares.
• These shares were obtained as dividend equivalents related to outstanding time-based restricted stock units, accruing from a quarterly dividend payment of $0.3025 per ordinary share.
• Following the transaction, Arnold directly owns 27,098 ordinary shares, including 25,901 restricted stock units that are fully vested and will be settled after her service as a director ends, according to the WestRock Company 2016 Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (dividend equivalent shares) and standard corporate governance practices. There is nothing inherently positive or negative, but the increased ownership aligns the director's interests with shareholders.

Positives

• The acquisition of shares through dividend equivalents increases the director's stake in the company, aligning her interests with shareholders.

Future Outlook

The director's vested restricted stock units will be settled in ordinary shares following her cessation of service as a board member.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It reflects standard practices for corporate governance and transparency.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders as it aligns management's interests with theirs.

Key Dates