Westrock Coffee COO granted 45,565 RSUs
Ford William A reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 45,565 | $0.00 | $0.00 |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
restricted stock units ("RSUs") financial
2022 Equity Incentive Plan financial
beneficial ownership financial
pecuniary interest financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WEST COO William A. Ford receive in this Form 4 filing?
How do William A. Ford’s new RSUs at WEST vest over time?
What plan governs William A. Ford’s RSU grant at Westrock Coffee (WEST)?
AI-generated analysis. How Rhea-AI works. Not financial advice.