McColl Hugh III 4
Research Summary
AI-generated summary
Westrock Coffee (WEST) Director Hugh McColl III Receives RSU Award
What Happened
Hugh McColl III, a director of Westrock Coffee Company (ticker: WEST), received a grant of 10,798 restricted stock units (RSUs) on June 5, 2026. The grant was reported at a per-share acquisition price of $0.00 (total reported value $0). This is an equity award (not a purchase or sale) that gives a contingent right to receive shares if vesting conditions are met.
Key Details
- Transaction date: June 5, 2026; Filing date: June 8, 2026 (filed within standard 2-business-day window).
- Grant: 10,798 RSUs; reported acquisition price $0.00; aggregate reported value $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: RSUs granted under the Westrock Coffee Company 2022 Equity Incentive Plan; each RSU represents a contingent right to one common share. Vesting scheduled for June 5, 2027, subject to continued service on the board and certain early-vesting conditions.
Context
RSUs do not deliver shares until they vest, so this grant does not immediately increase McColl’s tradable share position. Equity awards to directors are common as part of compensation and do not by themselves indicate a buy or sell signal; purchases are generally more informative about insider sentiment.