Form 4: Westrock Coffee Co: Officer McKinney Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4


Robert P. McKinney, Chief Legal Officer of Westrock Coffee Co, sold shares to cover tax obligations arising from the vesting of restricted stock units.

Summary

  • On March 15, 2025, Robert P. McKinney, Chief Legal Officer of Westrock Coffee Co, disposed of 1,894 shares of common stock at a price of $6.88 to cover tax obligations related to vested restricted stock units (RSUs).
  • Following this transaction, McKinney directly owns 63,967 shares of Westrock Coffee Co.
  • On March 17, 2025, McKinney disposed of 4,275 shares of common stock at a price of $6.97 to cover tax obligations related to vested RSUs.
  • Following this transaction, McKinney directly owns 59,692 shares of Westrock Coffee Co.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations upon vesting of RSUs is a common practice.

Stakeholder Impact

  • The sale of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

DateDescription
03/15/20251,894 shares of common stock disposed of to cover tax obligations related to vested RSUs at $6.88 per share.
03/17/20254,275 shares of common stock disposed of to cover tax obligations related to vested RSUs at $6.97 per share.
03/18/2025Date of signature for the Form 4 filing.

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