Form 4: WEST CFO Pledger RSU Tax-Withholding Reduces Holdings to 398,718
Rhea-AI Filing Summary
Thomas Christopher Pledger, Chief Financial Officer and officer of Westrock Coffee Co (ticker: WEST), reported a transaction on Form 4 showing that 17,438 shares of common stock were disposed on 08/29/2025 at a price of $5.41 per share. After the transaction the reporting person beneficially owned 398,718 shares directly. The filing states the 17,438 shares were withheld by the issuer to satisfy the reporting person’s tax obligations when restricted stock units vested on August 29, 2025. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Pledger on 09/03/2025.
Positive
- Proper Section 16 reporting was filed showing the transaction details and signature by attorney-in-fact
- Tax withholding was handled via share withholding at vesting, avoiding an open-market sale
Negative
- Beneficial ownership decreased by 17,438 shares following the withholding
- Transaction price $5.41 reflects the shares disposed to satisfy tax obligations
Insights
TL;DR Routine tax-withholding sale of vested RSUs by the CFO; ownership remains substantial and transaction appears administrative.
The filing discloses a non-derivative disposition of 17,438 common shares at $5.41 each, withheld to cover tax obligations triggered by RSU vesting on 08/29/2025. Post-transaction direct beneficial ownership is 398,718 shares, which preserves a meaningful equity stake. This is a standard insider reporting event and does not indicate an open-market sale for liquidity or a change in control.
TL;DR Compliance with Section 16 reporting and use of tax withholding for vested RSUs; filing executed by attorney-in-fact per signature block.
The Form 4 documents the issuer withholding shares to meet tax liabilities upon RSU vesting, a common mechanism that reduces administrative burdens and avoids open-market transactions. The report is filed by one reporting person and bears an attorney-in-fact signature dated 09/03/2025, satisfying signature requirements. There are no disclosures of additional plans or unusual transactions.