Westrock Coffee Co·4

Jun 12, 4:18 PM ET

FORD JOE T 4

4 · Westrock Coffee Co · Filed Jun 12, 2026

Research Summary

AI-generated summary of this filing

Updated

Westrock Coffee (WEST) Director Joe T. Ford Gifts 110,000 Shares

What Happened

  • Joe T. Ford, a director of Westrock Coffee Co. (WEST), made a non‑cash disposition on Feb 3, 2026: 110,000 shares of common stock were contributed (gifted) to sub‑trusts. The Form 4 records the transaction as a gift (transaction code G) at $0.00 per share, total proceeds $0.
  • This was not a sale or purchase — it was a transfer into sub‑trusts under an existing trust. Such gifts are administrative/estate‑planning moves and do not directly signal a buy or sell judgment about the stock.

Key Details

  • Transaction date and price: Feb 3, 2026 — 110,000 shares disposed as a gift at $0.00/share (total $0).
  • Filing date / timeliness: Form 4 filed on June 12, 2026 — about four months after the transaction (late filing). Late filings delay public disclosure of insider moves.
  • Shares held or reported (per footnotes): holdings reported in the filing include trusts and entities over which Mr. Ford may have control or serve as trustee:
    • F1: the 110,000 shares gifted on Feb 3, 2026 (previously held by a trust where Mr. Ford was trustee).
    • F3: 41,800 shares held by a trust (Mr. Ford is trustee).
    • F4: 273,000 shares held by a trust (Mr. Ford is trustee).
    • F5: 3,281,976 shares held by Wooster Capital, LLC (Mr. Ford may exercise voting/investment control).
    • F6: 183,000 shares held by a trust (Mr. Ford is trustee).
    • Note: Mr. Ford disclaims beneficial ownership for trust/LLC shares where he has no pecuniary interest.
  • Correction: Footnote F2 notes a clerical correction — a prior Form 4 (filed Mar 17, 2026) overreported acquisitions by 5,000 shares; this filing reflects the corrected amount.

Context

  • Gifts to trusts are commonly used for estate or family planning and don’t necessarily reflect the insider’s opinion on the company’s near‑term prospects.
  • Because Mr. Ford was trustee of the original trust but is not trustee of the newly created sub‑trusts, control and beneficial ownership distinctions are important — the filing disclaims beneficial ownership where applicable.
  • Late filings reduce the timeliness of disclosure for investors; they do not by themselves indicate wrongdoing but can affect transparency.

Insider Transaction Report

Form 4
Period: 2026-02-03
FORD JOE T
Director
Transactions
  • Gift

    COMMON STOCK

    [F1]
    2026-02-03110,0000 total(indirect: By Trust)
Holdings
  • COMMON STOCK

    [F2]
    550,714
  • COMMON STOCK

    [F3]
    (indirect: By Trust)
    41,800
  • COMMON STOCK

    [F4]
    (indirect: By Trust)
    273,000
  • COMMON STOCK

    [F5]
    (indirect: By LLC)
    3,281,976
  • COMMON STOCK

    [F6]
    (indirect: By Trust)
    183,000
Footnotes (6)
  • [F1]Consists of 110,000 shares of the issuer's common stock, par value $0.01 per share ("Common Stock"), previously held of record by a trust, of which Mr. Ford was the trustee. On February 3, 2026, these shares were contributed to sub-trusts created under the trust in accordance with its terms. Mr. Ford does not serve as the trustee of the sub-trusts.
  • [F2]Due to clerical error, the reporting person's Form 4 filed on March 17, 2026, overreported the number of shares acquired by the reporting person by 5,000 shares. This reflects the corrected amount.
  • [F3]Consists of 41,800 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.
  • [F4]Consists of 273,000 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.
  • [F5]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.
  • [F6]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.
Signature
/s/ BY: ROBERT P. MCKINNEY AS ATTORNEY-IN-FACT FOR JOE T. FORD|2026-06-12

Documents

1 file
  • 4
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT