[144] The Vita Coco Company, Inc. SEC Filing
Rhea-AI Filing Summary
The filing is a Form 144 notice regarding proposed sale of common stock of The Vita Coco Company, Inc. (COCO). It discloses a proposed sale of 140,000 shares of common stock through The Charles Schwab Corporation on NASDAQ with an approximate aggregate market value of $6,040,000 and an approximate sale date of 08/22/2025. The filing reports 56,822,981 shares outstanding.
The shares to be sold were acquired as stock compensation on 08/11/2009 (140,000 shares). The form also records a recent sale by the same account: 30,000 shares sold on 08/20/2025 for gross proceeds of $1,082,391. Several form sections (filer identity and relationship to issuer) are not populated in the provided content.
Positive
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Negative
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Insights
TL;DR: Insider is proposing to sell 140,000 COCO shares (~$6.04M) from 2009 stock compensation; disclosure is routine.
The filing documents a proposed sale of 140,000 common shares via a broker on NASDAQ, valued at about $6.04 million and representing a small fraction of the 56.8 million shares outstanding. The shares were acquired as stock compensation in 2009, indicating these are long-held shares rather than recent grants. A prior disposition of 30,000 shares on 08/20/2025 generated $1.08 million in gross proceeds, showing recent partial monetization. Absent further context about the seller's identity or rationale, this is a standard Rule 144 disclosure and does not, by itself, imply material change to company fundamentals.
TL;DR: The notice fulfills Rule 144 procedural disclosure for proposed insider sale; missing filer identification limits interpretability.
The document provides required transactional details: class, acquisition date (08/11/2009), nature of acquisition (stock compensation), proposed sale date (08/22/2025), broker name, and aggregate market value. However, the filing as provided omits explicit filer CIK/identity and the filer’s stated relationship to the issuer, which are typically material for assessing potential governance or signaling implications. As presented, it meets transactional disclosure requirements but lacks contextual elements needed for deeper governance assessment.