HF Direct Investments Pool, LLC - Jul 8, 2024 Form 4 Insider Report for Westrock Coffee Co (WEST)

Role: 10%+ Owner
Signature: /s/ Todd B. Skelton, by Power of Attorney for HF Direct Investments Pool, LLC
Stock symbol: WEST
Transactions as of: Jul 8, 2024
Transactions value $: -$336,928
Form type: 4
Date filed: 7/10/2024, 04:52 PM
Previous filing: Feb 21, 2024
Next filing: Jul 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEST	COMMON STOCK	Sale	-$337K	-33.6K	-0.26%	$10.03	13M	Jul 8, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	On June 7, 2024, HF Direct Investments Pool, LLC ("HF Direct") adopted a Rule 10b5-1 stock trading plan (the "Plan") to sell a pre-arranged portion of common stock, par value $0.01 per share ("Common Stock") of Westrock Coffee Company ("Issuer") over an approximate one-year period. The Plan is part of HF Direct's strategy to rebalance its holdings in Issuer's securities in light of HF Direct's February 2024 investment in certain of Issuer's convertible notes. During the term of the Plan, HF Direct expects to sell up to 1,620,000 shares of Common Stock.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.10, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

Content

On June 7, 2024, HF Direct Investments Pool, LLC ("HF Direct") adopted a Rule 10b5-1 stock trading plan (the "Plan") to sell a pre-arranged portion of common stock, par value $0.01 per share ("Common Stock") of Westrock Coffee Company ("Issuer") over an approximate one-year period. The Plan is part of HF Direct's strategy to rebalance its holdings in Issuer's securities in light of HF Direct's February 2024 investment in certain of Issuer's convertible notes. During the term of the Plan, HF Direct expects to sell up to 1,620,000 shares of Common Stock.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.10, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.