Westrock Coffee (NASDAQ: WEST) officer has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westrock Coffee Co chief accounting officer Blake Schuhmacher reported a routine share disposition related to taxes. On March 15, 2026, 2,068 shares of common stock were withheld by the company at $4.26 per share to satisfy tax obligations from vested restricted stock units. After this withholding, Schuhmacher directly holds 59,857 common shares. This was not an open-market sale but an automatic tax-withholding event tied to equity compensation vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schuhmacher Blake
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 2,068 | $4.26 | $9K |
Holdings After Transaction:
COMMON STOCK — 59,857 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did WEST chief accounting officer report?
Blake Schuhmacher reported a tax-related share withholding, not an open-market trade. On March 15, 2026, 2,068 Westrock Coffee common shares were withheld by the company to cover taxes from vested restricted stock units, leaving him with 59,857 directly held shares.
Was the WEST insider transaction a stock sale on the market?
No, the transaction was a tax-withholding event, not a market sale. The issuer withheld 2,068 shares of common stock to satisfy Blake Schuhmacher’s tax obligations tied to restricted stock unit vesting, a common administrative feature of equity compensation.
What does transaction code F mean in this WEST Form 4?
Transaction code F indicates a tax-withholding disposition rather than a typical sale. In this case, the issuer withheld 2,068 shares of Westrock Coffee common stock to pay the insider’s tax obligations when his restricted stock units vested on March 15, 2026.