Westrock Coffee (WEST) awards director 10,798 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KEATING LESLIE STARR reported acquisition or exercise transactions in this Form 4 filing.
Westrock Coffee Co director Leslie Starr Keating received a grant of 10,798 restricted stock units. The award was made at a price of $0.00 per unit as equity compensation. Each RSU represents a contingent right to receive one share of Westrock Coffee common stock.
The RSUs will vest on June 5, 2027, if Keating continues serving on the company’s board and certain early vesting conditions are met. Following this grant, Keating directly holds 141,395 shares of Westrock Coffee common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KEATING LESLIE STARR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 10,798 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 141,395 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 10,798 units
Grant price per unit: $0.00 per unit
Shares after transaction: 141,395 shares
+2 more
5 metrics
RSUs granted
10,798 units
Restricted stock units awarded to director on June 5, 2026
Grant price per unit
$0.00 per unit
Equity compensation award to director
Shares after transaction
141,395 shares
Director’s direct Westrock Coffee common stock holdings post-grant
RSU vesting date
June 5, 2027
Vesting contingent on continued board service and conditions
Security type
Common stock / RSUs
Each RSU equals one share of common stock upon vesting
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, contingent right, vesting
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.
2022 Equity Incentive Plan financial
"RSUs are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of the issuer's common stock."
vesting financial
"The RSUs will vest on June 5, 2027, subject to the reporting person's continued service on the board of directors."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Westrock Coffee (WEST) report in this Form 4?
Westrock Coffee reported that director Leslie Starr Keating received a grant of 10,798 restricted stock units as equity compensation at a price of $0.00 per unit. Each unit represents a contingent right to receive one share of common stock if vesting conditions are satisfied.
How many Westrock Coffee RSUs were granted to director Leslie Starr Keating?
Leslie Starr Keating was granted 10,798 restricted stock units tied to Westrock Coffee common stock. These RSUs are awarded under the company’s 2022 Equity Incentive Plan and serve as part of her compensation for board service, subject to future vesting requirements and conditions.
When do Leslie Starr Keating’s Westrock Coffee RSUs vest?
The restricted stock units granted to Leslie Starr Keating will vest on June 5, 2027. Vesting is conditioned on her continued service on Westrock Coffee’s board of directors through that date and on certain early vesting conditions described in the award’s governing terms.
What does each Westrock Coffee RSU granted to Leslie Starr Keating represent?
Each restricted stock unit granted to Leslie Starr Keating represents a contingent right to receive one share of Westrock Coffee common stock, par value $0.01 per share. Actual share delivery occurs only if the RSUs vest under the specified service and early vesting conditions.
Under what plan were Leslie Starr Keating’s Westrock Coffee RSUs granted?
The 10,798 restricted stock units granted to Leslie Starr Keating were issued under the Westrock Coffee Company 2022 Equity Incentive Plan. This plan provides for equity-based compensation awards, aligning director incentives with long-term shareholder interests through contingent rights to receive common shares.