Schuhmacher Blake 4
Research Summary
AI-generated summary
Westrock (WEST) CAO Blake Schuhmacher Withholds 2,068 Shares
What Happened
- Blake Schuhmacher, Chief Accounting Officer of Westrock Coffee Co. (WEST), had 2,068 shares withheld by the company on March 15, 2026 to satisfy tax obligations arising when restricted stock units vested. The withholding was reported at $4.26 per share for a total value of $8,810. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date and price: 2026-03-15; 2,068 shares at $4.26 each (total $8,810).
- Transaction code: F — shares withheld to satisfy tax obligations.
- Footnote: Filing states the shares were withheld by the issuer to cover the reporting person’s tax obligations when RSUs vested (footnote F1).
- Filing/timeliness: Form 4 filed 2026-03-16 (one day after the transaction); appears to be timely.
- Shares owned after transaction: Not specified in the provided filing.
Context
- This was a routine tax-withholding action tied to RSU vesting (a common administrative step) rather than an intentional sale indicating insider sentiment. Withholding reduces the insider’s net shares but does not necessarily reflect a decision to liquidate holdings.