Westrock Coffee (WEST) CLO has 3,187 shares withheld for taxes
Rhea-AI Filing Summary
Westrock Coffee Co chief legal officer Robert P. McKinney reported a routine share disposition related to taxes. On March 17, 2026, 3,187 shares of common stock were withheld by the company at $4.54 per share to satisfy his tax obligations when restricted stock units vested.
After this tax-withholding transaction, McKinney directly owned 55,488 shares of Westrock Coffee common stock. This was not an open-market sale but a standard mechanism for paying taxes on equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,187 shares
Net Sell
1 txn
Insider
McKinney Robert P.
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK | 3,187 | $4.54 | $14K |
Holdings After Transaction:
COMMON STOCK — 55,488 shares (Direct)
Footnotes (1)
- F1. These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose on March 17, 2026, when restricted stock units belonging to the reporting person vested.
FAQ
What insider transaction did WEST chief legal officer Robert McKinney report?
Robert P. McKinney reported a tax-related share disposition. On March 17, 2026, 3,187 Westrock Coffee common shares were withheld by the company to cover his tax obligations arising from vested restricted stock units, leaving him with 55,488 directly owned shares afterward.
What does transaction code F mean in the WEST Form 4 filing?
Transaction code F indicates shares were used to pay exercise price or tax liabilities. In this case, Westrock Coffee withheld 3,187 shares from Robert McKinney on March 17, 2026, to satisfy tax obligations from vesting restricted stock units, not an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.