Ford Samuel 4
Research Summary
AI-generated summary
Westrock Coffee (WEST) Chief Trade & Risk Officer Ford Receives RSU Award
What Happened
Samuel Ford, Chief Trade & Risk Officer of Westrock Coffee Company (WEST), received a grant of 30,376 restricted stock units (RSUs) effective 2026-06-02. The units were reported at $0.00 per share (grant value recorded as $0 in the Form 4); these RSUs represent a contingent right to receive common stock if and when they vest.
Key Details
- Transaction type: Award/Grant (code A) — 30,376 RSUs granted on 2026-06-02.
- Grant price/value reported: $0.00 per share; aggregate reported value $0 (grant is a contingent equity award, not a cash purchase).
- Vesting: RSUs vest annually in three equal installments beginning April 1, 2027, subject to continued employment and certain early-vesting conditions (per footnote).
- Filing: Form 4 filed 2026-06-03 for the 2026-06-02 grant (filed the next day; not indicated as late).
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
RSUs are a deferred equity award: they do not represent immediate share ownership or a market purchase, but a right to receive shares if vesting conditions are met. Such grants are common as part of executive compensation and do not alone indicate a buy or sell signal.