Form 4: Westrock Coffee Co: Chief Legal Officer Reports Tax Obligation Share Withholding
SEC Form 4 Filing
Robert P. McKinney, Chief Legal Officer of Westrock Coffee Co, reports the withholding of 2,035 common stock shares to cover tax obligations arising from vested restricted stock units.
Summary
- On August 29, 2024, Westrock Coffee Co withheld 2,035 shares of common stock from Chief Legal Officer Robert P. McKinney to satisfy tax obligations.
- The withholding occurred when restricted stock units belonging to McKinney vested.
- Following the transaction, McKinney beneficially owns 65,861 shares of Westrock Coffee Co common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to internal compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of transaction: Shares withheld for tax obligations and restricted stock units vested. |
| 08/30/2024 | Date of signature on the Form 4 filing. |
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