Westrock Coffee Co·4

Mar 18, 4:10 PM ET

Newkirk Kyle 4

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Westrock Coffee CCO Kyle Newkirk Withholds 6,360 Shares for Taxes

What Happened Kyle Newkirk, Chief Commercial Officer of Westrock Coffee Co (WEST), had 6,360 shares withheld by the company on March 17, 2026 to satisfy tax obligations arising when his restricted stock units (RSUs) vested. The withholding was recorded at $4.54 per share for a total value of $28,874. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

  • Transaction date: 2026-03-17; Report filed: 2026-03-18 (timely).
  • Shares involved: 6,360 withheld at $4.54 each; total value ~$28,874.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: Issuer withheld the shares to satisfy the reporting person’s tax obligations arising on the vesting date.
  • Transaction type: F = tax withholding (routine), not a purchase or market sale.

Context This was a routine tax-withholding action tied to RSU vesting (cashless in effect because shares were withheld), which is common and does not necessarily signal a change in insider sentiment. It differs from an open-market sale where an insider converts shares to cash; here the company retained shares to cover taxes.