A Form 4 filed on August 18, 2026 reports that Ken Bowles, Executive Vice President and Group CFO of Smurfit Westrock plc (NYSE:SW), acquired 234 ordinary shares via dividend-equivalent restricted stock units on August 14, 2026.

Key Highlights

  • Reporting person: Ken Bowles, Director and Executive VP and Group CFO of Smurfit Westrock plc
  • Transaction: Acquisition (Code A) of 234 ordinary shares at a price of $0, accrued as dividend-equivalent restricted stock units
  • Dividend basis: The accrual was based on the issuer's quarterly dividend of $0.4523 per ordinary share, determined as of the dividend record date
  • Post-transaction ownership: 174,347 ordinary shares beneficially owned directly following the reported transaction
  • RSU component: The 174,347 total includes 38,840 restricted stock unit awards, each representing a contingent right to receive one ordinary share
  • RSU vesting schedule: RSUs are scheduled to vest in three equal annual installments beginning on the first anniversary of the grant date

Dividend-Equivalent RSU Accrual for Smurfit Westrock Group CFO

According to the filing, Ken Bowles, who serves as Executive VP and Group CFO and is also listed as a Director of Smurfit Westrock plc (NYSE:SW), acquired 234 ordinary shares on August 14, 2026. The filing states that these shares accrued as dividend equivalents "in accordance with the terms of the restricted stock unit award," based on the issuer's quarterly dividend of $0.4523 per ordinary share, with the accrual determined as of the dividend record date.

The filing notes that the additional restricted stock units acquired as dividend equivalents "are subject to the same terms and conditions as the underlying award," and that each restricted stock unit represents the right to receive one ordinary share. The transaction was recorded at a price of $0, reflecting that no cash consideration was paid by the reporting person.

Following the reported transaction, Bowles beneficially owned 174,347 ordinary shares directly, according to the filing. Of that total, 38,840 are restricted stock unit awards, described as each representing "a contingent right to receive one ordinary share," with vesting scheduled in three equal annual installments beginning on the first anniversary of the grant date. The Form 4 was signed by Ciara O'Riordan as attorney-in-fact for Ken Bowles and filed on August 18, 2026.

What Was Disclosed

The filing discloses a single acquisition transaction by Smurfit Westrock's Group CFO involving 234 ordinary shares accrued as dividend-equivalent RSUs at no cost, bringing his total direct beneficial ownership to 174,347 ordinary shares, including 38,840 RSU awards.