Form 4: Smurfit Westrock Director Harrison Reports Stock Grant and Tax Withholding

Director Suzan F. Harrison reports the acquisition of restricted stock units and the disposal of shares to cover tax obligations.

Summary

• On May 2, 2025, Suzan F. Harrison, a director of Smurfit Westrock plc, reported the acquisition of 4,239 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one ordinary share of Smurfit Westrock plc.
• The RSUs are scheduled to vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Smurfit Westrock plc's stockholders.
• Harrison also reported the disposal of 640 ordinary shares at a price of $40.47 to satisfy tax withholding obligations upon the vesting and settlement of RSUs.
• Following these transactions, Harrison beneficially owns 25,457 ordinary shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to director compensation.

Future Outlook

The RSUs are scheduled to vest on the earlier of (i) the first anniversary of the date of grant of the RSU or (ii) the date of the next annual meeting of Smurfit Westrock plc's stockholders.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with those of shareholders.

Comparison to Industry Standards

• RSUs are a common form of equity compensation for directors and executives in publicly traded companies, aligning their interests with shareholder value.
• Tax withholding practices upon vesting of equity awards are standard procedure to ensure compliance with tax regulations.
• Similar filings are regularly made by directors and officers of companies like International Paper, Packaging Corporation of America, and WestRock, detailing their stock transactions.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director compensation and stock ownership.
• The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Smurfit Westrock, Director, Form 4, RSU, Stock Grant, Tax Withholding, Beneficial Ownership, Ordinary Shares