Westrock Coffee Co·4

Mar 17, 5:44 PM ET

FORD JOE T 4

Research Summary

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Updated

Westrock (WEST) Director Joe T. Ford Buys 55,000 Shares

What Happened

  • Joe T. Ford, a director of Westrock Coffee Co. (WEST), acquired 55,000 shares in an open-market/private purchase on March 17, 2026. The filing reports a weighted average price of $4.60 per share for a total cash outlay of $253,000. The shares were bought in multiple transactions at prices ranging from $4.52 to $4.64.

Key Details

  • Transaction date and type: 2026-03-17 — Purchase (code P), open market/private purchase.
  • Price: Weighted average $4.60; per-share trades ranged $4.52–$4.64 (footnote F1).
  • Shares acquired: 55,000; total reported value ≈ $253,000.
  • Shares owned after transaction: The filing does not list a single “owned after” line; footnotes show various record holdings associated with Mr. Ford (see below) and include disclaimers of beneficial ownership in several trusts.
  • Notable footnotes:
    • F1: Weighted average price; multiple trades within $4.52–$4.64; reporter can provide per-trade breakdown on request.
    • F2, F3, F5, F6: Various trusts hold 38,300; 253,000; 110,000; and 183,000 shares of record, respectively — Mr. Ford is trustee for these trusts but disclaims beneficial ownership where he has no pecuniary interest.
    • F4: Wooster Capital, LLC holds 3,281,976 shares; Mr. Ford may exercise voting/investment control over that entity but disclaims beneficial ownership where appropriate.
  • Timeliness: Reported and filed on 2026-03-17 (period of report same day) — appears timely.

Context

  • Purchases by insiders are often watched as potential positive signals, but filings with trusteeship or disclaimed ownership warrant caution: some shares are held of record by trusts or entities for which Mr. Ford is trustee or may exert control, and he disclaims beneficial ownership for many of those holdings. This purchase was a straightforward open-market acquisition (multiple executions), not an option exercise or award.