KEATING LESLIE STARR 4
Research Summary
AI-generated summary
Westrock Coffee (WEST) Director Leslie Keating Starr Receives RSU Award
What Happened
- Director Leslie Keating Starr received a grant of 10,798 restricted stock units (RSUs) from Westrock Coffee Company on June 5, 2026. The grant price reported is $0.00 (typical for RSU awards); no cash changed hands at grant.
- These RSUs represent a contingent right to receive one share of Westrock common stock per RSU if vesting conditions are met. This is an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: June 5, 2026; Form 4 filed June 8, 2026 (appears timely within the usual two-business-day filing window).
- Quantity and price: 10,798 RSUs granted at $0.00 each (aggregate reported value $0 at grant).
- Vesting: RSUs vest on June 5, 2027, subject to continued board service through the vesting date and certain early-vesting conditions (per footnote).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Grants made under the Westrock Coffee Company 2022 Equity Incentive Plan; each RSU equals one contingent share upon vesting.
Context
- RSU grants are standard compensation for directors and do not represent an immediate cash purchase or sale. They signal future potential ownership if the director remains in service and vesting conditions are met, but do not in themselves indicate a bullish or bearish trade.