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SWSmurfit Westrock plc · Insider ownership research

Smurfit Westrock plc insiders sold $3.4M in the past 12 months. How much of their stake is that?

About 1.4% overall. As a group they ended with more shares than they started with.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 52 of the 156 other companies we can measure (#105 of 157)See ranking
0
buyers among officers and directors, past 12 months
0%
of sales were under disclosed trading plans, past 12 months
3 of 20
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

May 1, 202612 directors had 27K shares ($1.0M) withheld by the company for taxes (not a market sale). That is between 1.7% and 49% of each person's total stake held that day. 47K shares came in from vesting or option exercises the same day, so their combined holdings rose by 20K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Irial Finan
Director
3,336$38.393.0%107KMay 1, 2026May 5, 2026
Alan Wilson
Director
2,123$38.391.7%123KMay 1, 2026May 5, 2026
Timothy Bernlohr
Director
2,123$38.392.0%105KMay 1, 2026May 5, 2026
Terrell Crews
Director
2,123$38.392.1%100KMay 1, 2026May 5, 2026
Colleen Arnold
Director
2,123$38.393.2%64KMay 1, 2026May 5, 2026
Suzan Harrison
Director
2,123$38.394.5%45KMay 1, 2026May 5, 2026
Jorgen Rasmussen
Director
2,123$38.3910%19KMay 1, 2026May 5, 2026
Carol Fairweather
Director
2,123$38.3914%13KMay 1, 2026May 5, 2026
Kaisa Hietala
Director
2,123$38.3918%9.6KMay 1, 2026May 5, 2026
MaryLynn FergusonMchugh
Director
2,123$38.3924%6.7KMay 1, 2026May 5, 2026
Lourdes Melgar
Director
2,123$38.3949%2.2KMay 1, 2026May 5, 2026
Carole Brown
Director
2,123$38.3947%2.4KMay 1, 2026May 5, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Not enough history to compare: fewer than three earlier years of filings. Year by year
Latest filing: Filed Sep 14 for a stock award on Sep 10. Anthony Smurfit received an award of 486 shares. Filing
114 SEC ownership filings in the period · See the evidence

What stands out

Anthony Smurfit (1.3% of holdings) sold $2.1M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Feb 19, 2026
Three officers sold shares but ended with larger stakes, because more shares came in than were sold: Anthony Smurfit (sold 40K, 1.3% of starting holdings; 146K added), Laurent Sellier (sold 16K, 8.4% of starting holdings; 54K added) and Ken Bowles (sold 10K, 4.1% of starting holdings; 71K added).Anthony Smurfit: largest sale, Feb 19, 2026 · Laurent Sellier: largest sale, Feb 18, 2026 · Ken Bowles: largest sale, Feb 19, 2026
Tax withholding outweighed market sales: the company withheld $6.8M of officers' and directors' shares for taxes, against $3.4M sold on the open market. The largest was Ken Bowles ($1.9M withheld).Largest withholding, Feb 13, 2026

Percentages cover 19 of 20 officers and directors. Left out: Carole Brown (held no vested shares at the start). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Anthony Smurfit
President and CEO, Director
Sold 1.3%, but 124K shares were added (mostly vesting), so the stake grew
1.3% · $2.1MNo plan disclosed
Laurent Sellier
President and Chief Executive Officer, North America (including Mexico)
Sold 8.4%, but 48K shares were added (mostly vesting), so the stake grew
8.4% · $782KNo plan disclosed
Ken Bowles
Executive VP and CFO, Director
Sold 4.1%, but 65K shares were added (mostly vesting), so the stake grew
4.1% · $513KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNovDecJanFeb 2026: $3.4M no plan disclosed$3.4MFebMarAprMayJunJulAugSepOct

Common questions

Is the Smurfit Westrock plc CEO selling stock?

Yes. Anthony Smurfit sold 40K shares ($2.1M, 1.3% of starting holdings) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are Smurfit Westrock plc insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Smurfit Westrock plc insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Smurfit Westrock plc insiders sell?

About 1.4% overall. As a group they ended with more shares than they started with. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold3 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Anthony Smurfit
President and CEO, Director
$2.1M
40K shares
1.3%No plan disclosed
Laurent Sellier
President and Chief Executive Officer, North America (including Mexico)
$782K
16K shares
8.4%No plan disclosed
Ken Bowles
Executive VP and CFO, Director
$513K
10K shares
4.1%No plan disclosed
The full ownership picture20 of 20 insiders fully reconciled · 20 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Anthony Smurfit
i
Unvested RSUs stated in footnotes are excluded from owned shares.
President and CEO, Director
3.07M−40K3.17M+3%
Vesting, gifts, unvested awards and holding lines for Anthony Smurfit
+124Kshares vested or exercised
0gifted (net of own trusts)
−13Kwithheld by the company for taxes
723K → 788Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock1,569,1111,569,111
DirectOrdinary Shares1,504,5451,596,850
ChildOrdinary Shares01,000
Saverio Mayer
i
Unvested RSUs stated in footnotes are excluded from owned shares.
President and Chief Executive Officer, Europe, MEA and APAC
363K0398Kno sales
Vesting, gifts, unvested awards and holding lines for Saverio Mayer
+57Kshares vested or exercised
0gifted (net of own trusts)
−27Kwithheld by the company for taxes
324K → 351Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock189,245189,245
DirectOrdinary Shares173,462208,980
Ken Bowles
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Executive VP and CFO, Director
242K−10K266K+10%
Vesting, gifts, unvested awards and holding lines for Ken Bowles
+65Kshares vested or exercised
0gifted (net of own trusts)
−37Kwithheld by the company for taxes
376K → 406Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock130,110130,110
DirectOrdinary Shares111,458135,507
Laurent Sellier
i
Unvested RSUs stated in footnotes are excluded from owned shares.
President and Chief Executive Officer, North America (including Mexico)
185K−16K205K+11%
Vesting, gifts, unvested awards and holding lines for Laurent Sellier
+48Kshares vested or exercised
0gifted (net of own trusts)
−18Kwithheld by the company for taxes
270K → 293Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock98,55298,552
Shares held by spouseCommon Stock3,1883,188
DirectOrdinary Shares79,900100,035
Shares held by spouseOrdinary Shares3,1883,188
Alan Wilson
i
Includes unvested RSUs, amount not disclosed.
Director
120K0125Kno sales
Vesting, gifts, unvested awards and holding lines for Alan Wilson
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock57,15857,158
Direct
includes unvested RSUs, amount not disclosed
Ordinary Shares62,47367,580
Irial Finan
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
103K0107Kno sales
Vesting, gifts, unvested awards and holding lines for Irial Finan
0shares vested or exercised
0gifted (net of own trusts)
−3.3Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock54,89354,893
DirectOrdinary Shares48,23151,844
Timothy Bernlohr
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
102K0105Kno sales
Vesting, gifts, unvested awards and holding lines for Timothy Bernlohr
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock51,42351,423
DirectOrdinary Shares50,78353,082
Terrell Crews
i
Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares.
Director
102K0104Kno sales
Vesting, gifts, unvested awards and holding lines for Terrell Crews
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock28,70128,701
Shares held in TrustCommon Stock22,63522,635
Direct
includes unvested RSUs, amount not disclosed
Ordinary Shares28,06130,360
Shares held in TrustOrdinary Shares22,63522,635
Irene Page
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Chief Accounting Officer
96K0107Kno sales
Vesting, gifts, unvested awards and holding lines for Irene Page
+22Kshares vested or exercised
0gifted (net of own trusts)
−12Kwithheld by the company for taxes
127K → 136Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock49,33649,336
DirectOrdinary Shares46,23757,318
Alvaro Henao
i
Unvested RSUs stated in footnotes are excluded from owned shares.
President and Chief Executive Officer, LATAM
93K0111Kno sales
Vesting, gifts, unvested awards and holding lines for Alvaro Henao
+23Kshares vested or exercised
0gifted (net of own trusts)
−6.9Kwithheld by the company for taxes
82K → 98Kunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock49,09649,096
DirectOrdinary Shares44,36162,093
Colleen Arnold
i
Includes unvested RSUs, amount not disclosed.
Director
61K065Kno sales
Vesting, gifts, unvested awards and holding lines for Colleen Arnold
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock28,43028,430
Direct
includes unvested RSUs, amount not disclosed
Ordinary Shares32,88336,623
Suzan Harrison
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
43K045Kno sales
Vesting, gifts, unvested awards and holding lines for Suzan Harrison
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock21,85821,858
DirectOrdinary Shares21,21823,517
Dmitri Stockton
Director
24K024Kno sales
Vesting, gifts, unvested awards and holding lines for Dmitri Stockton
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock12,47112,471
DirectOrdinary Shares11,93811,938
Jorgen Rasmussen
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
17K019Kno sales
Vesting, gifts, unvested awards and holding lines for Jorgen Rasmussen
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock8,5948,594
DirectOrdinary Shares7,95410,253
Carol Fairweather
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
10K013Kno sales
Vesting, gifts, unvested awards and holding lines for Carol Fairweather
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock5,4485,448
DirectOrdinary Shares4,8087,107
Ben Garren
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Executive Vice President and General Counsel
7.5K09.3Kno sales
Vesting, gifts, unvested awards and holding lines for Ben Garren
0shares vested or exercised
0gifted (net of own trusts)
−767withheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock7,4617,461
DirectOrdinary Shares01,828
Kaisa Hietala
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
7.2K09.5Kno sales
Vesting, gifts, unvested awards and holding lines for Kaisa Hietala
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock3,9193,919
DirectOrdinary Shares3,2795,578
MaryLynn FergusonMchugh
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
4.3K06.6Kno sales
Vesting, gifts, unvested awards and holding lines for MaryLynn FergusonMchugh
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock2,4482,448
DirectOrdinary Shares1,8084,107
Lourdes Melgar
i
Includes unvested RSUs, amount not disclosed. Unvested RSUs stated in footnotes are excluded from owned shares.
Director
4.3K06.6Kno sales
Vesting, gifts, unvested awards and holding lines for Lourdes Melgar
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock2,4482,448
Direct
includes unvested RSUs, amount not disclosed
Ordinary Shares1,8084,107
Carole Brown
i
Unvested RSUs stated in footnotes are excluded from owned shares.
Director
002.3Kno sales
Vesting, gifts, unvested awards and holding lines for Carole Brown
0shares vested or exercised
0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Unvested RSUs stated in footnotes are excluded from owned shares.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectOrdinary Shares02,299

20 of 20 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (20 exactly, 0 with a minor or footnoted difference). Percentages cover 19 of 20 officers and directors. Left out: Carole Brown (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$3.4M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $3.4M across 65,562 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $3.4M

Sales with no 10b5-1 plan and no tax reference in the filing. $2.1M of it is Anthony Smurfit. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Anthony Smurfit, Feb 19, 2026

Taxes

141,619 shares ($6.8M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Anthony Smurfit
President and CEO, Director
40K$2.1M0%61%Feb 19, 2026 to Feb 19, 2026
Laurent Sellier
President and Chief Executive Officer, North America (including Mexico)
16K$782K0%23%Feb 18, 2026 to Feb 18, 2026
Ken Bowles
Executive VP and CFO, Director
10K$513K0%15%Feb 19, 2026 to Feb 19, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$3.4M$0$0$3.4M
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by yearNot enough history to compare

Not enough history to compare: fewer than three earlier years of filings.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
66K3$3.4M
Oct 8, 2025
1 year earlier
131K4$7.2M
Oct 8, 2024
2 years earlier · filings don't cover the whole year
4911$24K
Oct 9, 2023
3 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2022
4 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Inferred rename: "Shares owned by spouse" is treated as the same holder as "Shares held by spouse", because the old name was never reported again and the new one opened with the same balance (3,188 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology285 filings from SEC EDGAR, and how we read them

All 285 Forms 3, 4 and 5 filed for Smurfit Westrock plc (SEC CIK 2005951) from Jul 9, 2024 to Sep 14, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (1)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Jairo LorenzattoDec 20, 202419,244 shares, last reported balance as of Dec 19, 2024