Form 4: Westrock Coffee Co: Officer Schuhmacher Reports Tax Obligation Share Withholding
SEC Form 4 Filing
Blake Schuhmacher, Chief Accounting Officer of Westrock Coffee Co, reports the withholding of 2,724 common stock shares to cover tax obligations arising from vested restricted stock units.
Summary
- On August 29, 2024, Blake Schuhmacher, the Chief Accounting Officer of Westrock Coffee Co, had 2,724 shares of common stock withheld by the issuer.
- This withholding was to satisfy tax obligations related to the vesting of restricted stock units.
- Following the transaction, Schuhmacher directly owns 69,542 shares of Westrock Coffee Co.
- The price per share for the transaction is $8.72.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding insider transactions, with neutral sentiment.
Industry Context
This is a routine Form 4 filing, indicative of insider transactions related to compensation and tax obligations, common in publicly traded companies.
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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