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Westrock Coffee note conversion price cut to $9.50

The cash redemption right applies if Westrock's closing stock price is equal to or greater than $14.25 for more than 120 consecutive trading days.

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Form Type
4

Rhea-AI Filing Summary

Westrock Coffee Co director A. Wellford Tabor amended and restated the terms of the 5.00% convertible senior notes due 2029 held by him. The conversion price was reduced from $12.84 to $9.50 per share, the maturity was extended from February 15, 2029 to January 31, 2032, and the interest rate increased from 5% to 6%. The revised terms provide a $14.25-per-share cash redemption right on an as-converted basis if the common stock closing price is equal to or greater than $14.25 for more than 120 consecutive trading days.

Insider Tabor A Wellford
Role Director
Type Security Shares Price Value
Other 5% Convertible Notes due 2029 F1 -- $2,000,000.00 --
Other 6% Convertible Notes due 2032 F1 -- $2,000,000.00 --
Holdings After Transaction: 5% Convertible Notes due 2029 — 0 contracts (Direct); 6% Convertible Notes due 2032 — 0 contracts (Direct)
Footnotes (1)
  1. F1. On October 21, 2026, Westrock Coffee Company (the "Issuer") and the Reporting Person amended and restated the terms of the 5.00% convertible senior notes due 2029 held by the Reporting Person, to, among other things, reduce the conversion price from $12.84 per share to $9.50 per share, extend the maturity date from February 15, 2029 to January 31, 2032, increase the interest rate from 5% to 6% and provide for a cash redemption right of $14.25 per share on an as-converted basis if the closing price of the Issuer's common stock for more than 120 consecutive trading days is equal to or greater than $14.25.
Original conversion price $12.84 per share Before the amendment to the 5.00% convertible senior notes due 2029
Revised conversion price $9.50 per share Under the amended note terms
Original interest rate 5% Before the amendment
Revised interest rate 6% Under the amended note terms
Original maturity date February 15, 2029 Before the amendment
Revised maturity date January 31, 2032 Under the amended note terms
Cash redemption right $14.25 per share On an as-converted basis, subject to the stated common stock closing-price condition
Closing-price condition More than 120 consecutive trading days at or above $14.25 Condition for the cash redemption right
convertible senior notes financial
"5.00% convertible senior notes due 2029"
Convertible senior notes are a type of loan that a company issues to investors, which can be turned into company shares later on. They are called "senior" because they are paid back before other debts if the company runs into trouble. This allows investors to earn interest like a loan but also have the chance to own part of the company if its value rises.
conversion price financial
"reduce the conversion price from $12.84 per share to $9.50 per share"
The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.
as-converted basis financial
"$14.25 per share on an as-converted basis"
As-converted basis means counting securities that can become common stock—like convertible bonds or preferred shares—as if they already were common shares when calculating totals such as shares outstanding, ownership percentages, or per-share metrics. Investors use it to see the potential dilution and the “what-if” size of the shareholder base; it’s like imagining all restaurant coupons have been redeemed so you know how crowded the table could become and how slices of the pie would shrink.
cash redemption right financial
"provide for a cash redemption right of $14.25 per share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When can WEST's amended convertible notes be redeemed for cash?

Westrock's notes provide a cash redemption right of $14.25 per share on an as-converted basis if the common stock closing price is equal to or greater than $14.25 for more than 120 consecutive trading days.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Tabor A Wellford

(Last)(First)(Middle)
4009 N. RODNEY PARHAM RD., 4TH FLOOR

(Street)
LITTLE ROCK ARKANSAS 72212

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Westrock Coffee Co [ WEST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
5% Convertible Notes due 2029$12.8410/21/2026J(1)$2,000,000 (1)02/15/2029Common Stock$2,000,000$2,000,000$0D
6% Convertible Notes due 2032$9.510/21/2026J(1)$2,000,000 (1)01/31/2032Common Stock$2,000,000$2,000,000$2,000,000D
Explanation of Responses:
1. On October 21, 2026, Westrock Coffee Company (the "Issuer") and the Reporting Person amended and restated the terms of the 5.00% convertible senior notes due 2029 held by the Reporting Person, to, among other things, reduce the conversion price from $12.84 per share to $9.50 per share, extend the maturity date from February 15, 2029 to January 31, 2032, increase the interest rate from 5% to 6% and provide for a cash redemption right of $14.25 per share on an as-converted basis if the closing price of the Issuer's common stock for more than 120 consecutive trading days is equal to or greater than $14.25.
/s/ BY: BLAKE SCHUHMACHER AS ATTORNEY-IN-FACT FOR A. WELLFORD TABOR10/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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