Ford William A 4
4 · Westrock Coffee Co · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Westrock Coffee (WEST) COO William Ford Withholds 9,806 Shares for Taxes
What Happened
William A. Ford, Chief Operating Officer of Westrock Coffee Co (WEST), had 9,806 shares of common stock withheld by the company on March 15, 2026 to satisfy tax obligations arising when his restricted stock units (RSUs) vested. The shares were withheld at an effective price of $4.26 per share, representing approximately $41,774 in value. This transaction is a tax withholding (disposition) tied to RSU vesting rather than an open-market sale.
Key Details
- Transaction date: 2026-03-15; reported on Form 4 filed 2026-03-16 (timely filing).
- Transaction type/code: F — shares withheld to satisfy tax obligations on vested RSUs.
- Shares withheld: 9,806 at $4.26 per share; total value ≈ $41,774.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: Shares were withheld by the issuer to satisfy the reporting person's tax obligations on RSU vesting.
- F2: Notes shares held of record by a family trust for Ford's children; Ford is trustee and disclaims beneficial ownership over trust shares in which he has no pecuniary interest.
Context
Tax-withholding dispositions are routine when equity awards vest and do not necessarily signal the insider’s view of the company. This was not an open-market sale: the company retained shares to cover taxes due upon vesting of Ford's RSUs.
Insider Transaction Report
- Tax Payment
COMMON STOCK
[F1]2026-03-15$4.26/sh−9,806$41,774→ 454,308 total
- 17,150(indirect: By Trust)
COMMON STOCK
[F2] - 11,636(indirect: By Trust)
COMMON STOCK
[F2] - 3,925(indirect: By Trust)
COMMON STOCK
[F2]
Footnotes (2)
- [F1]These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose on March 15, 2026, when restricted stock units belonging to the reporting person vested.
- [F2]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.