Westrock Coffee (WEST) CFO stock withheld to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westrock Coffee Co Chief Financial Officer Thomas Christopher Pledger reported a routine tax-related share disposition. On March 15, 2026, 13,064 shares of common stock were withheld by the company to cover his tax obligations when restricted stock units vested. After this withholding, he directly owned 399,464 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pledger Thomas Christopher
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 13,064 | $4.26 | $56K |
Holdings After Transaction:
COMMON STOCK — 399,464 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Westrock Coffee (WEST) report for its CFO?
Westrock Coffee reported that its CFO, Thomas Christopher Pledger, had 13,064 common shares withheld on March 15, 2026. The shares were used to satisfy tax obligations triggered when his restricted stock units vested, rather than representing an open-market sale of stock.
Was the Westrock Coffee (WEST) CFO transaction an actual stock sale?
No, the transaction was not an open-market sale. The company withheld 13,064 shares of common stock to cover the CFO’s tax obligations upon vesting of restricted stock units, a common administrative mechanism rather than a discretionary decision to sell shares in the market.
What does transaction code "F" mean in the Westrock Coffee (WEST) Form 4?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this case, 13,064 Westrock Coffee shares were withheld to satisfy the CFO’s tax obligations arising from vested restricted stock units, rather than a voluntary purchase or sale decision.
Did the Westrock Coffee (WEST) CFO use a trading plan for this transaction?
The filing describes the event as shares withheld to meet tax obligations when restricted stock units vested. It does not describe an open-market trade or reference a Rule 10b5-1 trading plan, indicating this was a compensation-related, administrative tax withholding event.