Pledger Thomas Christopher 4
Research Summary
AI-generated summary
Westrock Coffee CFO Thomas Pledger Receives 21,086-Share Award
What Happened Thomas Christopher Pledger, Chief Financial Officer of Westrock Coffee Co. (WEST), received 21,086 shares on 2026-03-05 upon vesting of performance-based restricted stock units (PBRSUs). To cover tax obligations from the vesting, 9,426 of those shares were withheld (disposed) at an implied per-share tax withholding value of $3.93, totaling $37,044. The award shares were recorded at $0 acquisition price because they were granted as compensation.
Key Details
- Transaction date(s): 2026-03-05 (vested PBRSUs and tax withholding)
- Award: 21,086 shares acquired (code A) at $0.00
- Tax withholding: 9,426 shares withheld (code F) at $3.93 per share, total $37,044
- Footnotes: (F1) Shares from vesting of 2025 PBRSUs. (F2) Shares withheld to satisfy tax obligations on vesting.
- Filing: Form 4 filed 2026-03-09 (covers period of report 2026-03-05); filing appears timely per Form 4 rules
- Shares owned after transaction: not specified in the filing
Context This was a compensation vesting event (PBRSUs), not an open-market buy or sale driven by trading intent. Withholding shares to satisfy tax liabilities is a common administrative action and does not necessarily indicate a change in the insider’s market view.