Westrock Coffee (WEST) awards 30,376 RSUs to chief trade officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ford Samuel reported acquisition or exercise transactions in this Form 4 filing.
Westrock Coffee Co reported that Chief Trade & Risk Officer Samuel Ford received a grant of 30,376 shares of common stock in the form of restricted stock units under the 2022 Equity Incentive Plan. Each RSU represents one share of common stock and will vest in three equal annual installments starting on April 1, 2027, contingent on continued employment and certain early vesting conditions. Following this award, Ford directly holds 215,660 shares of Westrock Coffee common stock. This is a compensation-related equity grant, not an open‑market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ford Samuel
Role
CHIEF TRADE & RISK OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 30,376 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 215,660 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 30,376 shares
Grant price: $0.00 per share
Post-grant holdings: 215,660 shares
+2 more
5 metrics
RSU grant size
30,376 shares
Restricted stock units awarded to Samuel Ford
Grant price
$0.00 per share
Stated transaction price for RSU award
Post-grant holdings
215,660 shares
Total common shares held directly after transaction
Vesting schedule
3 equal annual installments
RSUs vest annually starting April 1, 2027
First vesting date
April 1, 2027
Initial vesting date for RSU award
Key Terms
restricted stock units, RSUs, 2022 Equity Incentive Plan, vest, +1 more
5 terms
restricted stock units financial
"These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2022 Equity Incentive Plan financial
"RSUs are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
vest financial
"The RSUs will vest annually in three equal installments starting on April 1, 2027"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What did Westrock Coffee (WEST) disclose about Samuel Ford in this Form 4?
Westrock Coffee disclosed that Chief Trade & Risk Officer Samuel Ford received 30,376 restricted stock units as an equity award. These units are granted under the company’s 2022 Equity Incentive Plan and increase his direct holdings to 215,660 shares of common stock.
When do Samuel Ford’s Westrock Coffee RSUs begin vesting and over what period?
The RSUs begin vesting on April 1, 2027, in three equal annual installments. Vesting is subject to Ford’s continued employment with Westrock Coffee and certain early vesting conditions, meaning the award is earned gradually over several years.
What is Samuel Ford’s total Westrock Coffee ownership after this RSU grant?
After the reported RSU grant, Samuel Ford directly holds 215,660 shares of Westrock Coffee common stock. This figure reflects his position following the acquisition-related transaction reported in the Form 4, combining previously held shares with the newly awarded units.