[144] The Vita Coco Company, Inc. SEC Filing
Rhea-AI Filing Summary
The Vita Coco Company, Inc. (COCO) filed a Form 144 reporting a proposed sale of 50,000 common shares. The shares are to be sold through Morgan Stanley Smith Barney LLC with an approximate sale date of 09/09/2025 and an aggregate market value of $1,919,500. The filer acquired these shares as founders' shares on 09/10/2010. There are 56,822,981 shares outstanding per the form. The filing states no securities were sold by the filer in the past three months and includes the standard representation that the selling person does not possess undisclosed material adverse information.
Positive
- Planned sale is disclosed publicly via Form 144, supporting market transparency
- Shares originated as founders' shares on 09/10/2010, with acquisition provenance provided
- Broker and approximate sale date disclosed: Morgan Stanley Smith Barney LLC; 09/09/2025
- No securities sold in the past three months by the filer, as stated on the form
Negative
- None.
Insights
TL;DR: Routine insider sale notice: 50,000 founder shares planned for sale, modest relative to outstanding shares.
This Form 144 reports a planned brokered sale of 50,000 common shares valued at $1,919,500, executed through Morgan Stanley Smith Barney LLC and originating from founders' shares acquired on 09/10/2010. Relative to the reported 56,822,981 shares outstanding, the lot represents a small fraction of outstanding stock (under 0.1%). The filing also confirms no sales by the filer in the prior three months and includes the required representation regarding material non-public information. From a securities-compliance perspective, the form is a routine disclosure enabling an insider to rely on Rule 144 resale conditions.
TL;DR: Disclosure aligns with regulatory expectations; provides provenance and broker details for the proposed sale.
The filing documents provenance of the shares (founders' shares acquired 09/10/2010) and identifies the executing broker and approximate sale date. It contains the standard attestation about absence of undisclosed material adverse information. For governance review, the form supplies necessary details for market transparency but does not indicate any unusual arrangements or recent related-party sales.