v3.25.1
Equity-Based Compensation
3 Months Ended
Mar. 31, 2025
Equity-Based Compensation  
Equity-Based Compensation

Note 16. Equity-Based Compensation

The Company grants restricted stock units (“RSUs”) under the Westrock Coffee Company 2022 Equity Incentive Plan (the “2022 Equity Plan”). The RSUs are amortized on a straight-line basis to expense over the vesting period, which ranges from one to four years. As of March 31, 2025, there were 4.4 million shares available for future issuance under the 2022 Equity Plan.

The following table sets forth the RSU activity under the 2022 Equity Plan for the three months ended March 31, 2025.

Weighted-Average

Fair Value at

Units

Grant Date

Outstanding at December 31, 2024

2,444,228

$

10.44

Granted

134,915

6.88

Forfeited

(11,159)

10.19

Vested

(624,938)

10.83

Outstanding at March 31, 2025

1,943,046

$

10.07