Westrock Coffee (WEST) CEO granted 91,130 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westrock Coffee Co director and CEO Scott T. Ford reported an equity award of 91,130 restricted stock units (RSUs). The RSUs were granted under the Westrock Coffee Company 2022 Equity Incentive Plan at no cash cost per unit.
Each RSU represents a contingent right to receive one share of common stock. The award will vest in three equal annual installments starting on April 1, 2027, subject to Ford’s continued employment and certain early vesting conditions. Following this grant, he holds 631,269 shares of common stock directly.
Separately, 23,263,104 shares of common stock are held of record by Westrock Group, LLC, which is managed by Greenbrier Holdings, LLC. Ford is the sole member and manager of Greenbrier and may be deemed to exercise voting and investment control over those shares, but he disclaims beneficial ownership where he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FORD SCOTT T
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 91,130 | $0.00 | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 631,269 shares (Direct, null);
COMMON STOCK — 23,263,104 shares (Indirect, See Footnote)
Footnotes (1)
- These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.01 per share ("Common Stock"). The RSUs will vest annually in three equal installments starting on April 1, 2027, subject to the reporting person's continued employment with the Issuer through the applicable vesting dates and certain early vesting conditions. Consists of 23,263,104 shares of Common Stock, which are held of record by Westrock Group, LLC ("Westrock Group"). Greenbrier Holdings, LLC ("Greenbrier") is the manager of Westrock Group and as such has voting and investment power over the shares of Common Stock held by Westrock Group. Scott T. Ford is the sole member and manager of Greenbrier and as such may be deemed to exercise voting and investment control over the shares of Common Stock held by Westrock Group. Mr. Ford disclaims beneficial ownership over all shares held by Westrock Group over which he does not have a pecuniary interest and this report shall not be deemed an admission that Mr. Ford is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
RSU grant size: 91,130 RSUs
RSU grant price: $0.00 per unit
RSU vesting schedule: 3 equal annual installments
+3 more
6 metrics
RSU grant size
91,130 RSUs
Granted under Westrock Coffee Company 2022 Equity Incentive Plan
RSU grant price
$0.00 per unit
Stated transaction price per restricted stock unit
RSU vesting schedule
3 equal annual installments
Vesting begins April 1, 2027, subject to continued employment
Direct common shares after grant
631,269 shares
Total direct holdings of common stock following RSU award
Indirect common shares via Westrock Group
23,263,104 shares
Held of record by Westrock Group, LLC, managed by Greenbrier
Reporting person roles
Director, CEO, 10% owner
Scott T. Ford’s listed positions at Westrock Coffee Co
Key Terms
restricted stock units ("RSUs"), Equity Incentive Plan, vest annually in three equal installments, beneficial ownership, +1 more
5 terms
restricted stock units ("RSUs") financial
"These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Equity Incentive Plan financial
"These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vest annually in three equal installments financial
"The RSUs will vest annually in three equal installments starting on April 1, 2027, subject to the reporting person's continued employment."
beneficial ownership financial
"Mr. Ford disclaims beneficial ownership over all shares held by Westrock Group over which he does not have a pecuniary interest."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"Mr. Ford disclaims beneficial ownership over all shares held by Westrock Group over which he does not have a pecuniary interest."
FAQ
What insider transaction did Westrock Coffee (WEST) report for Scott T. Ford?
Westrock Coffee reported that CEO and director Scott T. Ford received an award of 91,130 restricted stock units. These RSUs are a form of stock-based compensation that convert into common shares if vesting conditions tied to future employment are met.
How many restricted stock units did the Westrock Coffee CEO receive?
Scott T. Ford received 91,130 restricted stock units at a stated price of $0.00 per unit. Each RSU represents a contingent right to one share of common stock, subject to the vesting schedule and employment-based conditions described in the grant.
When do Scott T. Ford’s Westrock Coffee RSUs vest?
The restricted stock units are scheduled to vest in three equal annual installments beginning on April 1, 2027. Vesting depends on Ford’s continued employment with Westrock Coffee and certain early vesting conditions that govern when the underlying common shares will be delivered.