Westrock Coffee (WEST) COO awarded 45,565 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ford William A reported acquisition or exercise transactions in this Form 4 filing.
Westrock Coffee Co reported that Chief Operating Officer William A. Ford received a grant of 45,565 restricted stock units (RSUs) of common stock as compensation. The award was granted at a price of $0.00 per share under the company’s 2022 Equity Incentive Plan.
Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments starting on April 1, 2027, subject to Mr. Ford’s continued employment and certain early vesting conditions. Following this grant, Mr. Ford holds 485,914 shares of common stock directly.
The filing also lists indirect holdings in family trusts: 3,925 shares held by Trust 3, 11,636 shares by Trust 2, and 17,150 shares by Trust 1. The trusts are for the benefit of Mr. Ford’s children, and he disclaims beneficial ownership of any shares for which he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ford William A
Role
CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 45,565 | $0.00 | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 485,914 shares (Direct, null);
COMMON STOCK — 17,150 shares (Indirect, BY TRUST 1)
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. Represents shares of Common Stock, held of record by a family trust for the benefit of Mr. Ford's children, 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.
Key Figures
RSU grant size: 45,565 RSUs
Grant price: $0.00 per share
Vesting schedule start: April 1, 2027
+4 more
7 metrics
RSU grant size
45,565 RSUs
Compensation award to COO William A. Ford
Grant price
$0.00 per share
RSU grant under 2022 Equity Incentive Plan
Vesting schedule start
April 1, 2027
Three equal annual RSU installments
Direct holdings after grant
485,914 shares
Common stock held directly by William A. Ford
Trust 3 holdings
3,925 shares
Common stock held indirectly by Trust 3
Trust 2 holdings
11,636 shares
Common stock held indirectly by Trust 2
Trust 1 holdings
17,150 shares
Common stock held indirectly by Trust 1
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, beneficial ownership, pecuniary interest, +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.
2022 Equity Incentive Plan financial
"These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
beneficial ownership financial
"Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any 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 of Common Stock held by the trust over which he does not have any pecuniary interest."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
FAQ
What did WEST COO William A. Ford receive in this Form 4 filing?
William A. Ford received a grant of 45,565 restricted stock units (RSUs) of Westrock Coffee common stock. The grant is a compensation award under the 2022 Equity Incentive Plan, with each RSU representing one future share of common stock.
How do William A. Ford’s new RSUs at WEST vest over time?
The 45,565 RSUs will vest annually in three equal installments starting on April 1, 2027. Vesting is conditioned on Mr. Ford’s continued employment with Westrock Coffee and certain early vesting conditions described in the award.
What plan governs William A. Ford’s RSU grant at Westrock Coffee (WEST)?
The RSUs are granted under the Westrock Coffee Company 2022 Equity Incentive Plan. This plan allows the company to issue equity-based awards, such as RSUs, as part of executive and employee compensation packages tied to company stock.