Westrock Coffee (WEST) director granted 10,798 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tabor A Wellford reported acquisition or exercise transactions in this Form 4 filing.
Westrock Coffee Co director Tabor A. Wellford received a grant of 10,798 restricted stock units (RSUs) of common stock at no purchase price. Each RSU represents one share and will vest on June 5, 2027, if he continues serving on the board. After this award, he directly holds 89,798 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tabor A Wellford
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 10,798 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 89,798 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 10,798 units
Grant price per RSU: $0.00 per unit
Shares after transaction: 89,798 shares
+1 more
4 metrics
RSUs granted
10,798 units
Restricted stock units awarded on June 5, 2026
Grant price per RSU
$0.00 per unit
Equity compensation award under 2022 plan
Shares after transaction
89,798 shares
Total direct holdings following RSU grant
RSU vesting date
June 5, 2027
Vesting contingent on continued board service
Key Terms
restricted stock units ("RSUs"), Equity Incentive Plan, contingent right, vest
4 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
"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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the issuer's common stock"
vest financial
"The RSUs will vest on June 5, 2027, subject to the reporting person's continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Westrock Coffee (WEST) director Tabor Wellford receive in this Form 4?
He received a grant of 10,798 restricted stock units (RSUs) of Westrock Coffee common stock. The award is compensation, not an open-market purchase, and was issued at no purchase price under the company’s 2022 Equity Incentive Plan.
When do Tabor Wellford’s Westrock Coffee RSUs from this filing vest?
The RSUs are scheduled to vest on June 5, 2027, if he remains on the board. Vesting may also occur earlier under certain specified early vesting conditions described in the equity plan and footnote, which govern this compensation award.
Is the RSU grant to Westrock Coffee director Tabor Wellford an open-market stock purchase?
No, the filing classifies it as a grant or award acquisition, not a market purchase. The RSUs were granted at a price of $0.00 per unit as director compensation under the 2022 Equity Incentive Plan, subject to vesting conditions.