Tabor A Wellford 4
Research Summary
AI-generated summary
Westrock Coffee (WEST) Director Tabor Wellford Receives Award of 10,798 RSUs
What Happened
Tabor A. Wellford, a director of Westrock Coffee Company (WEST), was granted 10,798 restricted stock units (RSUs) on June 5, 2026. The award was recorded at $0.00 per RSU (no cash paid). These RSUs are an equity award/compensation—not an open-market purchase or sale.
Key Details
- Transaction date: June 5, 2026; Report filed on Form 4 dated June 8, 2026.
- Award: 10,798 RSUs; reported acquisition price $0.00 (transaction code A = Award).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: RSUs granted under the 2022 Equity Incentive Plan. Each RSU represents a contingent right to one share; vesting scheduled for June 5, 2027, subject to continued board service through the vesting date and certain early-vesting conditions (see footnote F1).
- Filing timeliness: Form 4 shows a June 8, 2026 filing date for the June 5 transaction (see SEC filing).
Context
RSUs represent a future right to receive common stock if vesting conditions are met; they typically reflect compensation and alignment with shareholders rather than an immediate market signal. These units do not convert to actual shares (or voting power) until they vest or are settled per plan terms.