Jairo Lorenzatto - 18 Sep 2024 Form 4 Insider Report for Smurfit Westrock plc (SW)

Signature
/s/ Ciara O'Riordan, attorney-in-fact for Jairo Lorenzatto
Issuer symbol
SW
Transactions as of
18 Sep 2024
Net transactions value
$0
Form type
4
Filing time
20 Sep 2024, 16:20:56 UTC
Previous filing
20 Dec 2024
Next filing
20 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SW Ordinary Shares Award $0 +107 +0.55% $0.000000 19,625 18 Sep 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with the terms of outstanding restricted stock unit awards, additional restricted stock units accrued as dividend equivalents in connection with the Issuer's payment of a quarterly dividend of $0.3025 per ordinary share. Such additional restricted stock units are subject to the same terms and conditions as the underlying award. Each restricted stock unit represents the right to receive one ordinary share.
F2 Includes 18,018 restricted stock units that vest as follows and are settled in ordinary shares as soon as administratively practicable following the applicable vesting date: (i) as to 2,750 restricted stock units on 02/07/2025, (ii) as to 5,470 restricted stock units on 02/03/2026, (iii) as to 5,881 restricted stock units on 02/05/2027, (iv) as to 1,215 restricted stock units in two equal annual installments beginning on 02/03/2025, (v) as to 741 restricted stock units in two equal annual installments beginning on 06/01/2025, (v) and as to 1,961 restricted stock units in three equal annual installments beginning on 02/05/2025. Additional restricted stock units accrued as dividend equivalent units will vest concurrently with the vesting of the unvested underlying restricted stock units to which they relate.

Remarks:

President and Chief Executive Officer, LATAM - Exhibit 24.1 Power of Attorney