Alvaro Henao - Feb 14, 2025 Form 4 Insider Report for Smurfit Westrock plc (SW)

Role
President and Chief Executive Officer, LATAM
Signature
/s/ Ciara O'Riordan, attorney-in-fact for Alvaro Henao
Stock symbol
SW
Transactions as of
Feb 14, 2025
Transactions value $
-$387,359
Form type
4
Date filed
2/18/2025, 05:53 PM
Previous filing
Feb 18, 2025
Next filing
Feb 26, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SW Ordinary Shares Options Exercise $0 +14.1K +37.97% $0.00 51.4K Feb 14, 2025 Direct F1
transaction SW Ordinary Shares Options Exercise $0 +4.04K +7.85% $0.00 55.4K Feb 14, 2025 Direct F2
transaction SW Ordinary Shares Tax liability -$387K -7.09K -12.78% $54.65 48.4K Feb 14, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SW Restricted Stock Units (PSP) Options Exercise $0 -14.1K -28.34% $0.00 35.8K Feb 14, 2025 Ordinary Shares 14.1K $0.00 Direct F4
transaction SW Restricted Stock Units (DBP) Options Exercise $0 -4.04K -29.61% $0.00 9.6K Feb 14, 2025 Ordinary Shares 4.04K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the acquisition of common stock upon vesting and settlement of performance share plan awards. Each performance share plan award represents a right to receive one ordinary share of Smurfit Westrock plc upon vesting and settlement of the applicable award.
F2 Reflects the acquisition of common stock upon vesting and settlement of deferred bonus plan awards. Each deferred bonus plan award represents a right to receive one ordinary share of Smurfit Westrock plc upon vesting and settlement of the applicable award.
F3 Reflects ordinary shares of Smurfit Westrock plc withheld to satisfy the reporting persons tax withholding obligation upon vesting and settlement of deferred bonus plan awards and performance share plan awards.
F4 Reflects the vesting and settlement of deferred bonus plan awards granted on 28 March 2022 and performance share plan awards granted on 28 March 2022.

Remarks:

President and Chief Executive Officer, LATAM