Ford William A 4
4 · Westrock Coffee Co · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Westrock Coffee COO William A. Ford Shares Withheld for Taxes
What Happened
William A. Ford, Chief Operating Officer of Westrock Coffee Co (WEST), had 13,959 shares of the company's common stock withheld by the issuer on March 17, 2026 to satisfy tax obligations arising when his restricted stock units vested. The withholding was recorded at $4.54 per share, for a total value of approximately $63,374. This is a tax-withholding disposition (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: March 17, 2026; Filing date: March 18, 2026 (timely filing; no late filing indicated).
- Shares withheld/disposed: 13,959 at $4.54 per share; total value ~$63,374.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote F1: Shares were withheld by the issuer to satisfy Mr. Ford's tax obligations on vested RSUs.
- Footnote F2: Reference to shares held 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
Tax withholding of vested restricted stock units is a common administrative step and does not necessarily indicate a personal decision to sell additional shares; it is functionally different from an open-market sale. Code F on Form 4 denotes shares withheld to cover tax liabilities rather than a market transaction.
Insider Transaction Report
- Tax Payment
COMMON STOCK
[F1]2026-03-17$4.54/sh−13,959$63,374→ 440,349 total
- 17,150(indirect: By Trust)
COMMON STOCK
[F2] - 11,636(indirect: By Trust)
COMMON STOCK
[F2] - 3,925(indirect: By Trust)
COMMON STOCK
[F2]
Footnotes (2)
- [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.
- [F2]Represents shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), held of record by a family trust for the benefit of Mr. Ford's children, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any pecuniary interest, and this report shall not be deemed an admission that Mr. Ford is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.