Form 4: Smurfit Westrock Executive Alvaro Henao Reports Share Transactions

Alvaro Henao, a Smurfit Westrock executive, reports the acquisition and disposal of ordinary shares related to vesting of performance share plan and deferred bonus plan awards.

Summary

• Alvaro Henao, President and Chief Executive Officer, LATAM, of Smurfit Westrock plc, filed a Form 4 detailing changes in beneficial ownership.
• On February 14, 2025, Henao acquired 14,149 ordinary shares through the vesting and settlement of performance share plan awards.
• He also acquired 4,038 ordinary shares through the vesting and settlement of deferred bonus plan awards on the same date.
• Additionally, 7,088 ordinary shares were disposed of to satisfy tax withholding obligations at a price of $54.65 per share.
• Following these transactions, Henao directly owns 48,361 ordinary shares.
• Henao also holds 35,785 Restricted Stock Units (PSP) and 9,599 Restricted Stock Units (DBP).

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation. There is no indication of unusual or concerning activity.

Positives

• The vesting of performance share plan and deferred bonus plan awards suggests that Henao is meeting performance targets.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the vesting of previously granted equity awards, which is a common form of executive compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity awards, which is already factored into the company's compensation structure.

Key Dates

Keywords

Form 4, Smurfit Westrock, Beneficial Ownership, Share Transactions, Executive Compensation, Henao, Ordinary Shares, Vesting, Performance Share Plan, Deferred Bonus Plan