Newkirk Kyle 4

What Happened Kyle Newkirk, Chief Commercial Officer of Westrock Coffee Co. (WEST), had a total of 10,505 shares withheld by the issuer to satisfy tax obligations tied to restricted stock units (RSUs) that vested. The withholding occurred in two disposals: 6,988 shares on 2026-03-14 and 3,517 shares on 2026-03-15, each at $4.26 per share, for aggregate proceeds of approximately $44,751. These transactions are labeled as tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-03-14: 6,988 shares withheld @ $4.26 — $29,769
  • 2026-03-15: 3,517 shares withheld @ $4.26 — $14,982
• Total withheld: 10,505 shares for roughly $44,751.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 and F2 state the shares were withheld by the issuer to satisfy the reporting person's tax obligations arising when RSUs vested on the respective dates.
• Filing: Form 4 was filed 2026-03-16 covering the 2026-03-14 and 2026-03-15 transactions; the filing shows no indication of a late report.

Context

• These transactions are routine tax-withholding events tied to RSU vesting (issuer withheld shares to cover taxes). They are disposals for tax purposes and do not necessarily indicate a voluntary market sale or change in the insider’s view of the company.
• For retail investors, purchase transactions tend to signal stronger insider conviction; tax withholding on vesting is common and typically not treated as a bullish or bearish signal on its own.