Pledger Thomas Christopher 4
4 · Westrock Coffee Co · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Westrock Coffee (WEST) CFO Thomas Pledger Shares Withheld for Taxes
What Happened
Thomas Christopher Pledger, Chief Financial Officer of Westrock Coffee Co. (WEST), had 17,743 shares withheld by the company on March 17, 2026 to satisfy tax obligations tied to restricted stock units that vested. The withholding was at $4.54 per share, a total value of approximately $80,553. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: March 17, 2026; Form filed March 18, 2026 (appears timely).
- Shares withheld/disposed: 17,743 at $4.54 per share; total value ≈ $80,553.
- Reason: Issuer withheld shares to satisfy reporting person's tax obligations on vested RSUs (per footnote).
- Shares owned after transaction: Not specified in the provided filing.
- Transaction code: F (tax withholding) — routine administrative action, not a directional purchase or sale.
Context
Tax-withholding on vested restricted stock units is common and typically does not signal the insider’s view on the company’s prospects, unlike open-market purchases or sales. This was a cashless withholding to cover taxes arising at vesting rather than shares sold on the market.
Insider Transaction Report
- Tax Payment
COMMON STOCK
[F1]2026-03-17$4.54/sh−17,743$80,553→ 381,721 total
Footnotes (1)
- [F1]These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose on March 17, 2026, when restricted stock units belonging to the reporting person vested.