Form 4: Smurfit Westrock Executive Laurent Sellier Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Laurent Sellier, a Smurfit Westrock officer, reports the acquisition of restricted stock units due to dividend equivalents and the disposal of restricted stock units.
Summary
- Laurent Sellier, President and CEO of North America at Smurfit Westrock plc, filed a Form 4 detailing changes in beneficial ownership.
- On March 18, 2025, Sellier acquired 628 restricted stock units (PSP) as dividend equivalents related to a quarterly dividend of $0.4308 per ordinary share.
- Sellier also disposed of 66,418 restricted stock units.
- The acquired restricted stock units are subject to the same terms and conditions as the underlying award and each unit represents the right to receive one ordinary share.
- 36,734 restricted stock units vest in February 2026 and 29,684 restricted stock units vest in February 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of transaction: acquisition of restricted stock units and disposal of restricted stock units. |
| 03/20/2025 | Date of signature for the Form 4 filing. |
| February 2026 | Vesting date for 36,734 restricted stock units. |
| February 2027 | Vesting date for 29,684 restricted stock units. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Dividend Equivalents, Smurfit Westrock, Sellier, SW
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