Ford William A 4
4 · Westrock Coffee Co · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Westrock Coffee COO William Ford Receives Award; Tax Withholding
What Happened
William A. Ford, Chief Operating Officer of Westrock Coffee Co. (WEST), received 21,086 shares of common stock upon the vesting of performance-based restricted stock units (PBRSUs) granted in 2025. Those shares were reported as acquired at $0.00 (award/vesting). To satisfy tax obligations arising from the vesting, 7,655 of the vested shares were withheld (disposed) at $3.93 per share, totaling $30,084. Net shares retained from this vesting were 13,431 (21,086 acquired minus 7,655 withheld).
Key Details
- Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-09). The filing appears to be after the typical 2-business-day Form 4 deadline.
- Award: 21,086 shares acquired via PBRSU vesting (code A), reported at $0.00 acquisition price.
- Tax withholding: 7,655 shares withheld to satisfy tax obligations (code F) at $3.93/share, proceeds reported as $30,084.
- Shares owned after transaction: not specified in the filing.
- Relevant footnotes:
- F1: These shares result from 2025 PBRSU grants vesting.
- F2: Withheld shares were used to satisfy the reporting person’s tax obligations from vesting.
- F3: Some shares are held of record by a family trust for the benefit of Mr. Ford’s children; Mr. Ford disclaims beneficial ownership of trust shares over which he has no pecuniary interest.
Context
- This was an award/vesting event, not an open-market purchase or voluntary sale. The withholding of shares for taxes is a routine administrative step (net-share settlement) and does not necessarily indicate the insider’s view of the company’s stock.
- For retail investors, purchases are typically more informative than routine vesting or tax-withholding transactions; this filing mainly documents compensation-related issuance and tax withholding.
Insider Transaction Report
Form 4
Ford William A
CHIEF OPERATING OFFICER
Transactions
- Award
COMMON STOCK
[F1]2026-03-05+21,086→ 471,769 total - Tax Payment
COMMON STOCK
[F2]2026-03-05$3.93/sh−7,655$30,084→ 464,114 total
Holdings
- 17,150(indirect: By Trust)
COMMON STOCK
[F3] - 11,636(indirect: By Trust)
COMMON STOCK
[F3] - 3,925(indirect: By Trust)
COMMON STOCK
[F3]
Footnotes (3)
- [F1]These shares were acquired by the reporting person in connection with the vesting of performance-based restricted stock units (PBRSUs) granted to the reporting person in 2025.
- [F2]These shares were withheld to satisfy the reporting person's tax obligations that arose in connection with the vesting of the PBRSUs discussed in footnote (1) above.
- [F3]Represents shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), held of record by a family trust for the benefit of Mr. Ford's children, 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 WILLIAM A. FORD|2026-03-09