Denise R. Singleton - Dec 15, 2023 Form 4 Insider Report for WestRock Co (WRK)

Signature
Steph W. Bignon (attorney-in-fact pursuant to power of attorney previously filed with the SEC)
Stock symbol
WRK
Transactions as of
Dec 15, 2023
Transactions value $
-$643,588
Form type
4
Date filed
12/19/2023, 05:08 PM
Previous filing
Apr 27, 2023
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRK Common Stock Tax liability -$644K -15.1K -16.68% $42.54 75.6K Dec 15, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares withheld upon accelerated vesting of outstanding time-based restricted stock units ("RSUs"). RSUs were accelerated from February 2024 to December 15, 2023 in order to mitigate impacts that could arise under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended. The Reporting Person has signed a letter agreement providing that such accelerated RSUs are subject to certain repayment conditions.
F2 Includes dividend equivalents exempt from Section 16 that were credited since the filing of the Reporting Person's most recent Form 4.