Westrock Coffee (WEST) awards CCO 27,339 RSUs vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newkirk Kyle reported acquisition or exercise transactions in this Form 4 filing.
Westrock Coffee Co reported that Chief Commercial Officer Kyle Newkirk received a grant of 27,339 shares of common stock as a stock award. This reflects restricted stock units granted under the 2022 Equity Incentive Plan at a price of $0.00 per share.
Each RSU represents a contingent right to one share of common stock and will vest in three equal annual installments starting on April 1, 2027, subject to his continued employment and certain early vesting conditions. Following this award, Newkirk holds 178,125 shares of Westrock Coffee common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Newkirk Kyle
Role
CHIEF COMMERCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 27,339 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 178,125 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 27,339 shares
Transaction price: $0.00 per share
Shares after transaction: 178,125 shares
+2 more
5 metrics
RSUs granted
27,339 shares
Restricted stock units awarded to CCO on June 2, 2026
Transaction price
$0.00 per share
Award price for RSU grant
Shares after transaction
178,125 shares
Total common stock held directly after grant
Vesting start date
April 1, 2027
First of three equal annual vesting installments
Vesting schedule
3 annual installments
RSUs vest in three equal tranches from April 1, 2027
Key Terms
restricted stock units ("RSUs"), 2022 Equity Incentive Plan, contingent right, vesting
4 terms
restricted stock units ("RSUs") financial
"These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2022 Equity Incentive Plan financial
"These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
vesting financial
"The RSUs will vest annually in three equal installments starting on April 1, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Westrock Coffee (WEST) report for Kyle Newkirk?
Westrock Coffee reported that Chief Commercial Officer Kyle Newkirk received a grant of 27,339 restricted stock units. Each RSU represents one share of common stock under the 2022 Equity Incentive Plan, awarded at a price of $0.00 per share.
What are the vesting terms of Kyle Newkirk’s RSUs at Westrock Coffee (WEST)?
The restricted stock units granted to Kyle Newkirk will vest annually in three equal installments starting on April 1, 2027. Vesting is conditioned on his continued employment with Westrock Coffee and certain early vesting conditions described in the award terms.
Under which plan were the RSUs granted to Westrock Coffee (WEST) executive Kyle Newkirk?
The RSUs granted to Kyle Newkirk were issued under the Westrock Coffee Company 2022 Equity Incentive Plan. This plan provides equity-based compensation, with each RSU representing a contingent right to receive one share of common stock upon vesting.
Does Kyle Newkirk’s Westrock Coffee (WEST) RSU grant involve any cash purchase?
No cash purchase is involved in this grant. The Form 4 shows 27,339 restricted stock units awarded at a transaction price of $0.00 per share, reflecting a compensation-related equity grant rather than an open-market share purchase.