Westrock Coffee issues 297K shares to repay notes
Half of the note principal was repaid in cash and half in common stock, resulting in 297,265 shares issued to Wooster Capital, LLC.
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Rhea-AI Filing Summary
Westrock Coffee Co repurchased Wooster Capital, LLC-held 5% Convertible Notes due 2029 on October 21, 2026. Half of the principal was repaid in cash and half in common stock, resulting in the issuance of 297,265 shares to the LLC. The reported price figure is not usable as a per-share price.
After the transaction, Wooster Capital held 3,579,241 shares. The report also lists 550,714 shares held directly by director Joe T. Ford and trust holdings of 41,800, 273,000 and 183,000 shares as of October 21, 2026. Ford may be deemed to exercise voting and investment control over Wooster Capital’s shares; he disclaims beneficial ownership of LLC-held shares in which he has no pecuniary interest. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | 5% Convertible Note due 2029 F1, F6 | -- | $5,000,000.00 as filed | -- |
| Other | COMMON STOCK F1, F2 | 297,265 | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK F3 | -- | -- | -- |
| holding | COMMON STOCK F4 | -- | -- | -- |
| holding | COMMON STOCK F5 | -- | -- | -- |
- Price shown as filed: $5,000,000.00 per share is far above the $9.16 close on Oct 21, 2026, so no transaction value is shown.
Footnotes (6)
- F1. On October 21, 2026, Westrock Coffee Company (the "Issuer") repurchased the total aggregate principal amount of the Reporting Person's 5% Convertible Notes due 2029, with fifty percent (50%) of the principal amount being repaid in cash and fifty percent (50%) of the principal amount being repaid in shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), resulting in the issuance of 297,265 shares of Common Stock.
- F2. Consists of 3,579,241 shares of Common Stock, held of record by Wooster Capital, LLC, over which Mr. Ford may be deemed to exercise voting and investment control. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by Wooster Capital, LLC over which he does not have any 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.
- F3. Consists of 41,800 shares of Common Stock, held of record by a trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any 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.
- F4. Consists of 273,000 shares of Common Stock, held of record by a trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any 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.
- F5. Consists of 183,000 shares of Common Stock, held of record by a trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any 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.
- F6. Held of record by Wooster Capital, LLC, over which Mr. Ford may be deemed to exercise voting and investment control. Mr. Ford disclaims beneficial ownership over all securities held by Wooster Capital, LLC over which he does not have any 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
Key Terms
5% Convertible Notes due 2029 financial
aggregate principal amount financial
voting and investment control financial
pecuniary interest financial
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