Harvey Larry Keith 4
Research Summary
AI-generated summary
Westrock Coffee (WEST) SVP Larry Keith Receives 20,359 RSUs
What Happened
- Larry Keith, Senior Vice President and Chief Legal Officer of Westrock Coffee Co. (WEST), was granted 20,359 restricted stock units (RSUs) on 2026-06-08. The award was reported on a Form 4 filed 2026-06-09.
- The RSUs were granted at $0.00 per unit (award/grant), meaning no cash was paid for the shares; each RSU represents a contingent right to receive one share of common stock when vested.
Key Details
- Transaction date: 2026-06-08; Form 4 filed: 2026-06-09.
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 20,359 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs granted under the Westrock Coffee Company 2022 Equity Incentive Plan. They vest annually in three equal installments starting April 1, 2027, subject to continued employment and certain early-vesting conditions.
- Filing timeliness: Filing date is the day after the transaction; filing appears timely (no late filing flagged).
Context
- RSU grants are a form of compensation tied to continued service and typically vest over time; they do not represent an open-market purchase or sale and should not be read as an immediate market sentiment signal.
- For retail investors, such grants indicate management compensation alignment with shareholder value over the vesting period but do not involve an immediate cash investment by the insider.