Westrock Coffee (WEST) CFO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westrock Coffee Co’s chief financial officer, Thomas Christopher Pledger, reported a routine tax-related share disposition. On the vesting of his restricted stock units on March 17, 2026, the company withheld 17,743 shares of common stock at $4.54 per share to cover his tax obligations.
These shares were not sold on the open market but retained by the issuer to satisfy taxes. After this withholding, Pledger directly holds 381,721 shares of Westrock Coffee Co common stock, indicating he continues to maintain a substantial equity position in the company.
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 | 17,743 | $4.54 | $81K |
Holdings After Transaction:
COMMON STOCK — 381,721 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Westrock Coffee Co (WEST) report on this Form 4?
Westrock Coffee’s CFO reported a tax-related share disposition. The company withheld 17,743 common shares to cover taxes triggered when his restricted stock units vested, a standard administrative event rather than an open-market trade.
What does the F transaction code mean in the Westrock Coffee (WEST) Form 4?
The F transaction code indicates shares were used to pay taxes or an exercise price. Here, it means the issuer withheld shares from the CFO’s RSU vesting to satisfy tax liabilities, rather than reflecting an open-market sale.
Is the Westrock Coffee (WEST) CFO’s Form 4 transaction considered a bearish signal?
This transaction is generally not viewed as a bearish signal. It reflects routine share withholding for tax obligations on RSU vesting, while the CFO continues to hold 381,721 shares, suggesting ongoing exposure to the company’s equity.