Form 4: Westrock Coffee Director Reports Trust Share Transfer
Statement of Changes in Beneficial Ownership
Director Joe T. Ford reported a transfer of 110,000 shares of Westrock Coffee common stock to sub-trusts and corrected a previous clerical error.
Summary
- Director Joe T. Ford transferred 110,000 shares of Westrock Coffee common stock from a trust where he served as trustee to sub-trusts where he does not serve as trustee.
- The transaction occurred on February 3, 2026, at a price of $0.
- The filing includes a correction for a clerical error from a March 17, 2026, filing, which had overreported the director's holdings by 5,000 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing that corrects a past error and updates ownership records without impacting company operations.
Positives
- The filing provides transparency regarding the director's beneficial ownership structure.
- The correction of a previous clerical error ensures accurate reporting of share counts.
Negatives
- The filing highlights a previous clerical error in reporting, indicating a lapse in administrative oversight.
Risks
- Potential for continued administrative or reporting errors in future SEC filings.
Future Outlook
None provided.
Industry Context
StockSavvy.ai notes that this is a routine administrative filing regarding insider holdings and does not reflect operational changes or strategic shifts within the coffee industry.
Comparison to Industry Standards
- The filing follows standard SEC disclosure requirements for directors and officers regarding changes in beneficial ownership.
Related Party Transactions
- The director maintains various trusts and an LLC (Wooster Capital, LLC) through which he holds Westrock Coffee shares.
Stakeholder Impact
- Minimal impact on shareholders as the transaction represents a change in trust structure rather than a market sale.
Key Dates
| Date | Description |
|---|---|
| 02/03/2026 | Date of the share transfer transaction. |
| 03/17/2026 | Date of the original filing containing the clerical error. |
| 06/12/2026 | Date of the current filing. |
Keywords
Westrock Coffee, WEST, Insider Trading, Form 4, Joe T. Ford, Beneficial Ownership
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