Michael Kirban (COCO) files to sell 9,796 shares valued $568,168
Rhea-AI Filing Summary
COCO reported a Form 144 notice for a proposed sale of 9,796 shares of Common Stock by Michael Kirban dated 03/11/2026. The filing shows a sale quantity of 9,796 shares with an aggregate value of $568,168.00 on 03/11/2026. The notice reflects a brokered sale channel (listed broker details present) and records prior issuer-related entries for different share categories in the table.
Positive
- None.
Negative
- None.
Insights
Form 144 notifies the market of an insider's proposed sale under Section 144 rules.
Form 144 is a regulatory notice of a proposed sale by an affiliate; it does not itself execute a trade. The filing lists 9,796 shares proposed for sale with an aggregate amount of $568,168.00 dated 03/11/2026.
Cash‑flow treatment and any trading plan invocation are not stated in the excerpt; subsequent transaction reports or Form 4 filings may show settlement details or actual dispositions.
Insider notices of this size are routine and typically administrative.
The filing identifies Michael Kirban as the selling affiliate and quantifies the proposed sale as 9,796 shares for $568,168.00 on 03/11/2026. The record includes broker identification consistent with an open‑market channel.
Material impact is unlikely from a single mid‑four‑figure share notice; follow‑up filings will confirm whether the sale executed and report post‑transaction holdings.