Form 4: Smurfit Westrock plc Director Jorgen Buhl Rasmussen Reports Changes in Beneficial Ownership

Director Jorgen Buhl Rasmussen reports the acquisition of restricted stock units and disposal of shares to cover tax obligations.

Summary

• On May 2, 2025, Jorgen Buhl Rasmussen, a director of Smurfit Westrock plc, reported changes in beneficial ownership.
• Rasmussen was granted 4,239 restricted stock units (RSUs), each representing a contingent right to receive one ordinary share.
• 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.
• Additionally, 640 ordinary shares were disposed of at a price of $40.47 to satisfy tax withholding obligations upon the vesting and settlement of RSUs.
• Following these transactions, Rasmussen beneficially owns 12,193 ordinary shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects standard compensation practices and tax obligations.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices through the use of RSUs.

Stakeholder Impact

• The grant of RSUs aligns the director's interests with those of the shareholders, potentially incentivizing value creation.

Key Dates

Keywords

Smurfit Westrock plc, Director, Jorgen Buhl Rasmussen, Beneficial Ownership, Form 4, RSU, Restricted Stock Units, Tax Withholding, Ordinary Shares