Form 4: Smurfit WestRock Director Harrison Reports Share Acquisition Following WestRock Merger

Director Suzan F. Harrison reports acquisition of Smurfit WestRock shares and cash following the merger of WestRock with a Smurfit Kappa subsidiary.

Summary

• Suzan F. Harrison, a director of Smurfit WestRock plc, filed a Form 4 detailing changes in beneficial ownership.
• The report is triggered by the merger between WestRock Company and Sun Merger Sub, a subsidiary of Smurfit WestRock.
• As a result of the merger, Harrison received 16,336 ordinary shares of Smurfit WestRock in exchange for WestRock common stock.
• Harrison also acquired 4,190 Smurfit WestRock shares due to the vesting of restricted stock units previously held in WestRock.
• In addition to the shares, Harrison received $5.00 in cash for each share of WestRock common stock and each restricted stock unit.
• Following the reported transactions, Harrison directly owns 20,526 ordinary shares of Smurfit WestRock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The merger has been completed, and a director has acquired shares and cash as a result. This suggests a successful execution of the merger plan.

Positives

• The vesting of restricted stock units and the receipt of merger consideration indicate a positive outcome for Harrison as a result of the merger.

Future Outlook

The document does not contain specific forward-looking statements beyond the completion of the merger.

Industry Context

This announcement reflects the completion of a major merger in the paper and packaging industry, consolidating Smurfit Kappa and WestRock into a single entity, Smurfit WestRock.

Stakeholder Impact

• Shareholders of WestRock received Smurfit WestRock shares and cash.
• The merger creates a larger, potentially more competitive entity in the paper and packaging industry.

Key Dates