Westrock Coffee cuts note conversion price to $9.50

The amended notes have a $9.50 conversion price and a $14.25-per-share cash redemption right if the closing price is at least $14.25 for more than 120 consecutive trading days.

Rhea-AI Filing Summary

Westrock Coffee Co’s 10% owner HF Direct Investments Pool, LLC reported disposing of 5.00% convertible senior notes due 2029 and acquiring 6% convertible notes due 2032 on October 21, 2026; the related terms were amended and restated that day. The conversion price changed from $12.84 to $9.50 per share, maturity from February 15, 2029 to January 31, 2032, and the interest rate from 5% to 6%. The notes provide a cash redemption right at $14.25 per share on an as-converted basis if the closing price is at least $14.25 for more than 120 consecutive trading days. The two reported $25,000,000 figures are not usable as per-share prices.

Insider Trade Summary

Other: 0 shares

Other 2 txns

Insider HF Direct Investments Pool, LLC

Role 10% Owner

Type	Security	Shares	Price	Value
Other	5% Convertible Notes due 2029 F1	--	$25,000,000.00 as filed	--
Other	6% Convertible Notes due 2032 F1	--	$25,000,000.00 as filed	--

• 5% Convertible Notes due 2029, Oct 21, 2026. Price shown as filed: $25,000,000.00 per share is far above the $9.16 close on Oct 21, 2026, so no transaction value is shown.
• 6% Convertible Notes due 2032, Oct 21, 2026. Price shown as filed: $25,000,000.00 per share is far above the $9.16 close on Oct 21, 2026, so no transaction value is shown.

Holdings After Transaction: 5% Convertible Notes due 2029 — 0 contracts (Direct); 6% Convertible Notes due 2032 — 0 contracts (Direct)

Footnotes (1)

1. F1. On October 21, 2026, Westrock Coffee Company (the "Issuer") and the Reporting Person amended and restated the terms of the 5.00% convertible senior notes due 2029 held by the Reporting Person, to, among other things, reduce the conversion price from $12.84 per share to $9.50 per share, extend the maturity date from February 15, 2029 to January 31, 2032, increase the interest rate from 5% to 6% and provide for a cash redemption right of $14.25 per share on an as-converted basis if the closing price of the Issuer's common stock for more than 120 consecutive trading days is equal to or greater than $14.25.

Key Figures

Prior conversion price: $12.84 per share Revised conversion price: $9.50 per share Prior interest rate: 5% +5 more

8 metrics

Prior conversion price $12.84 per share Before amendment

Revised conversion price $9.50 per share After amendment

Prior interest rate 5% Before amendment

Revised interest rate 6% After amendment

Prior maturity date February 15, 2029 Before amendment

Revised maturity date January 31, 2032 After amendment

Cash redemption price $14.25 per share On an as-converted basis

Cash redemption price condition More than 120 consecutive trading days Closing price equal to or greater than $14.25

Key Terms

convertible senior notes, conversion price, as-converted basis, cash redemption right

4 terms

convertible senior notes financial

"5.00% convertible senior notes due 2029"

Convertible senior notes are a type of loan that a company issues to investors, which can be turned into company shares later on. They are called "senior" because they are paid back before other debts if the company runs into trouble. This allows investors to earn interest like a loan but also have the chance to own part of the company if its value rises.

conversion price financial

"reduce the conversion price"

The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.

as-converted basis financial

"$14.25 per share on an as-converted basis"

As-converted basis means counting securities that can become common stock—like convertible bonds or preferred shares—as if they already were common shares when calculating totals such as shares outstanding, ownership percentages, or per-share metrics. Investors use it to see the potential dilution and the “what-if” size of the shareholder base; it’s like imagining all restaurant coupons have been redeemed so you know how crowded the table could become and how slices of the pie would shrink.

cash redemption right financial

"provide for a cash redemption right"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What terms changed for WEST's convertible notes?

The conversion price changed from $12.84 to $9.50 per share, the maturity date changed from February 15, 2029 to January 31, 2032, and the interest rate changed from 5% to 6%. The notes also provide a $14.25-per-share cash redemption right on an as-converted basis under the stated closing-price condition.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/22/2026 - 05:46 PM EDT Accepted by SEC EDGAR 10/22/2026 - 05:45 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HF Direct Investments Pool, LLC

(Last) (First) (Middle)

510 UNION AVENUE

(Street)

KNOXVILLE TENNESSEE 37902

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Westrock Coffee Co [ WEST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
5% Convertible Notes due 2029	$12.84	10/21/2026		J(1)			$25,000,000	(1)	02/15/2029	Common Stock	$25,000,000	$25,000,000	$0	D
6% Convertible Notes due 2032	$9.5	10/21/2026		J(1)		$25,000,000		(1)	01/31/2032	Common Stock	$25,000,000	$25,000,000	$25,000,000	D

Explanation of Responses:

1. On October 21, 2026, Westrock Coffee Company (the "Issuer") and the Reporting Person amended and restated the terms of the 5.00% convertible senior notes due 2029 held by the Reporting Person, to, among other things, reduce the conversion price from $12.84 per share to $9.50 per share, extend the maturity date from February 15, 2029 to January 31, 2032, increase the interest rate from 5% to 6% and provide for a cash redemption right of $14.25 per share on an as-converted basis if the closing price of the Issuer's common stock for more than 120 consecutive trading days is equal to or greater than $14.25.

	/s/ Todd B. Skelton, by Power of Attorney for HF Direct Investments Pool, LLC	10/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)