Form 4: Westrock Coffee Co Director Leslie Starr Keating Reports Stock Transactions
SEC Form 4
Director Leslie Starr Keating reported the acquisition of 8,523 shares of Westrock Coffee Co common stock and the disposal of 96,666 shares on June 6, 2024.
Summary
- On June 6, 2024, Leslie Starr Keating, a director of Westrock Coffee Co, reported transactions involving the company's common stock.
- Keating acquired 8,523 shares of common stock.
- Keating also disposed of 96,666 shares of common stock.
- The acquisition was related to restricted stock units (RSUs) granted under the company's 2022 Equity Incentive Plan.
- These RSUs represent a contingent right to receive one share of the issuer's common stock each.
- The RSUs will vest on June 6, 2025, contingent upon continued service on the board of directors.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The RSUs will vest on June 6, 2025, contingent upon continued service on the board of directors.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The stock transactions by a director may be of interest to shareholders as it provides insight into the director's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of stock acquisition and disposal transactions. |
| 06/06/2025 | Vesting date for the restricted stock units (RSUs). |
| 06/10/2024 | Date of report signature. |
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