Westrock Coffee director granted 10,798 RSUs
McColl Hugh III reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
McColl Hugh III reported acquisition or exercise transactions in this Form 4 filing.
Westrock Coffee Co director Hugh McColl III received a stock-based compensation grant. On June 5, he was awarded 10,798 restricted stock units (RSUs) under the company’s 2022 Equity Incentive Plan at no cash cost per unit.
Each RSU represents a right to receive one share of common stock, vesting on June 5, 2027, if he continues serving on the board and certain early vesting conditions are met. After this award, his reported direct holdings total 49,009 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 10,798 | $0.00 | $0.00 |
Footnotes (1)
- 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. The RSUs will vest on June 5, 2027, subject to the reporting person's continued service on the board of directors of the issuer through the applicable vesting date and certain early vesting conditions.
Key Figures
Key Terms
restricted stock units financial
2022 Equity Incentive Plan financial
vesting financial
FAQ
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What insider transaction did Westrock Coffee Co (WEST) report for Hugh McColl III?
When do Hugh McColl III’s Westrock Coffee (WEST) RSUs vest?
What does each Westrock Coffee (WEST) RSU granted to Hugh McColl III represent?
Under which plan were Hugh McColl III’s Westrock Coffee (WEST) RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.