Ford William A 4

What Happened
William A. Ford, Chief Operating Officer of Westrock Coffee Co. (WEST), received 21,086 shares of common stock upon the vesting of performance-based restricted stock units (PBRSUs) granted in 2025. Those shares were reported as acquired at $0.00 (award/vesting). To satisfy tax obligations arising from the vesting, 7,655 of the vested shares were withheld (disposed) at $3.93 per share, totaling $30,084. Net shares retained from this vesting were 13,431 (21,086 acquired minus 7,655 withheld).

Key Details

• Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-09). The filing appears to be after the typical 2-business-day Form 4 deadline.
• Award: 21,086 shares acquired via PBRSU vesting (code A), reported at $0.00 acquisition price.
• Tax withholding: 7,655 shares withheld to satisfy tax obligations (code F) at $3.93/share, proceeds reported as $30,084.
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes:
  • F1: These shares result from 2025 PBRSU grants vesting.
  • F2: Withheld shares were used to satisfy the reporting person’s tax obligations from vesting.
  • F3: Some shares are held of record by a family trust for the benefit of Mr. Ford’s children; Mr. Ford disclaims beneficial ownership of trust shares over which he has no pecuniary interest.

Context

• This was an award/vesting event, not an open-market purchase or voluntary sale. The withholding of shares for taxes is a routine administrative step (net-share settlement) and does not necessarily indicate the insider’s view of the company’s stock.
• For retail investors, purchases are typically more informative than routine vesting or tax-withholding transactions; this filing mainly documents compensation-related issuance and tax withholding.