Insider Filing: Joe T. Ford Reports 5,000-Share Purchase in WEST
Rhea-AI Filing Summary
Joe T. Ford, a director of Westrock Coffee Co. (WEST), reported a purchase of 5,000 shares of the issuer's common stock on 09/02/2025 at a price of $5.30 per share. Following the reported purchase, Mr. Ford beneficially owns 413,916 shares directly and holds additional indirect interests through multiple trusts and an LLC: 38,300 shares by a trust, 253,000 shares by a trust, 3,281,976 shares held by Wooster Capital, LLC, 110,000 shares by a trust, and 183,000 shares by a trust. The filing states Mr. Ford is trustee for several trusts and may exercise voting and investment control over Wooster Capital, LLC, but he disclaims beneficial ownership to the extent he has no pecuniary interest in those holdings.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director purchased a small block while retaining substantial indirect holdings across trusts and an LLC.
The Form 4 documents a 5,000-share open-market purchase at $5.30 on 09/02/2025 by Joe T. Ford, a company director. The filing clarifies his direct beneficial ownership of 413,916 shares and significant indirect holdings totaling multiple trusts and Wooster Capital, LLC (3,281,976 shares). The repeated disclaimers indicate standard trustee and manager relationships where Ford disclaims beneficial ownership to the extent of no pecuniary interest. This is a routine insider transaction and governance disclosure; it documents ownership structure rather than signaling a material change in control.
TL;DR: Small reported buy; disclosure highlights concentration of indirect holdings via Wooster Capital, LLC.
The reported purchase of 5,000 shares at $5.30 increases Mr. Ford's reported direct holdings to 413,916 shares. The filing lists multiple indirect holdings by trusts and an LLC, including 3,281,976 shares held by Wooster Capital, LLC over which Mr. Ford may exercise voting and investment control. The form includes standard disclaimers about non-pecuniary interests. From a transactional perspective, this Form 4 is descriptive and routine; it provides clear ownership detail but no additional operational or financial data.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 5,000 | $5.30 | $27K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (1)
- Consists of 38,300 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 253,000 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 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.
