Westrock Coffee (NASDAQ: WEST) COO reports tax withholding of shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westrock Coffee Co chief operating officer William A. Ford reported a routine tax-related share disposition. On March 15, 2026, 9,806 shares of common stock were withheld by the company at $4.26 per share to satisfy tax obligations arising from vested restricted stock units. After this withholding, Ford directly holds 454,308 common shares and also has additional indirect holdings through family trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ford William A
Role
CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 9,806 | $4.26 | $42K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 454,308 shares (Direct);
COMMON STOCK — 17,150 shares (Indirect, BY TRUST 1)
Footnotes (1)
- These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose on March 15, 2026, when restricted stock units belonging to the reporting person vested. Represents shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), held of record by a family trust for the benefit of Mr. Ford's children, 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.
FAQ
What did Westrock Coffee (WEST) COO William A. Ford report in this Form 4?
Westrock Coffee COO William A. Ford reported a tax-related share withholding. The company retained 9,806 common shares to cover tax obligations triggered when his restricted stock units vested on March 15, 2026, rather than an open-market stock sale.
Does William A. Ford’s Form 4 for WEST show an open-market stock sale?
The Form 4 does not show an open-market stock sale. It reports a Code F transaction, where 9,806 shares were withheld by Westrock Coffee to pay taxes due on vested restricted stock units, a common non-market compensation-related event.
What role do family trusts play in William A. Ford’s WEST holdings?
Some Westrock Coffee shares are held in family trusts for Mr. Ford’s children. He is trustee for these trusts and disclaims beneficial ownership of shares where he has no pecuniary interest, meaning certain trust-held shares are not treated as his personal economic stake.