Director Joe T. Ford adds 31,500 Westrock Coffee (NASDAQ: WEST) shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westrock Coffee Co director Joe T. Ford reported open-market purchases of the company’s common stock. On May 13–14, entities associated with him bought a total of 31,500 shares of common stock at prices between $8.43 and $8.50 per share, including trust and direct accounts.
After these transactions, Ford’s direct holdings were 541,916 shares of common stock. Footnotes state that certain additional holdings are of record in trusts for which he serves as trustee, including 41,800, 110,000, 183,000, and 273,000 shares, and in Wooster Capital, LLC with 3,281,976 shares. He disclaims beneficial ownership of shares held where he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 31,500 shares ($266,630)
Net Buy
7 txns
Insider
FORD JOE T
Role
null
Bought
31,500 shs ($267K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 15,000 | $8.50 | $128K |
| Purchase | COMMON STOCK | 8,000 | $8.43 | $67K |
| Purchase | COMMON STOCK | 3,500 | $8.44 | $30K |
| Purchase | COMMON STOCK | 5,000 | $8.43 | $42K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 273,000 shares (Indirect, By Trust);
COMMON STOCK — 541,916 shares (Direct, null)
Footnotes (1)
- Consists of 41,800 shares of the issuer's common stock, par value $0.01 per share ("Common Stock"), held of record by a trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any pecuniary interest and this report shall not be deemed an admission that Mr. Ford is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Consists of 273,000 shares of Common Stock, held of record by a trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any pecuniary interest and this report shall not be deemed an admission that Mr. Ford is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.45 to $8.55, 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 purchased at each separate price within such range. Consists of 3,281,976 shares of Common Stock, held of record by Wooster Capital, LLC, over which Mr. Ford may be deemed to exercise voting and investment control. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by Wooster Capital, LLC over which he does not have any pecuniary interest and this report shall not be deemed an admission that Mr. Ford is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Consists of 110,000 shares of Common Stock, held of record by a trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any pecuniary interest and this report shall not be deemed an admission that Mr. Ford is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Consists of 183,000 shares of Common Stock, held of record by a trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any pecuniary interest and this report shall not be deemed an admission that Mr. Ford is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Key Figures
Total shares bought: 31,500 shares
Purchase price range: $8.43–$8.50 per share
Direct holdings after transaction: 541,916 shares
+5 more
8 metrics
Total shares bought
31,500 shares
Open-market purchases on May 13–14
Purchase price range
$8.43–$8.50 per share
Common stock open-market buys
Direct holdings after transaction
541,916 shares
Common stock held directly by Joe T. Ford
Trust holding 1
41,800 shares
Common stock held of record by a trust
Trust holding 2
110,000 shares
Common stock held of record by a trust
Trust holding 3
183,000 shares
Common stock held of record by a trust
Trust holding 4
273,000 shares
Common stock held of record by a trust
Wooster Capital, LLC holding
3,281,976 shares
Common stock held of record by Wooster Capital, LLC
Key Terms
open-market purchase, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"over which he does not have any pecuniary interest"
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did Westrock Coffee Co (WEST) disclose for Joe T. Ford?
Westrock Coffee Co disclosed that entities associated with director Joe T. Ford bought 31,500 shares of common stock in open-market transactions. Purchases occurred on May 13–14 at prices between $8.43 and $8.50 per share, increasing his reported indirect and direct holdings.
What role does Wooster Capital, LLC play in Joe T. Ford’s Westrock Coffee Co (WEST) holdings?
Wooster Capital, LLC holds 3,281,976 shares of Westrock Coffee common stock. The filing states Joe T. Ford may be deemed to exercise voting and investment control over these shares, while also disclaiming beneficial ownership for any portion in which he has no pecuniary interest.