Form 4: Smurfit Westrock Director, Dmitri L. Stockton, Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Director Dmitri L. Stockton disposed of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Dmitri L. Stockton, a director of Smurfit Westrock plc, reported a transaction on May 2, 2025.
- The transaction involved the disposal of 640 ordinary shares to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).
- The shares were disposed of at a price of $40.47 per share.
- Following the transaction, Stockton beneficially owns 11,937.697 ordinary shares, which are fully vested RSUs to be settled after cessation of service as a board member.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a standard transaction related to executive compensation.
Future Outlook
The remaining RSUs will be settled in ordinary shares following the Reporting Person's cessation of service as a member of Smurfit Westrock plc's board of directors.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 05/06/2025 | Date of signature for the report. |
Keywords
Smurfit Westrock, Director, Stockton, Share Disposal, Tax Obligations, RSUs, Form 4
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