[144] Vita Coco Company, Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice filed for Vita Coco Company, Inc. (COCO). The filer intends to sell 3,000,000 shares of common stock through Morgan Stanley & Co. LLC on or about 09/17/2025, with an aggregate market value of $126,900,000. The shares were acquired on 12/21/2016 via a pre-IPO investment originally held by Verlinvest SA and later transferred to Verlinvest Beverages SA; payment was in cash. The issuer has 56,822,981 shares outstanding per the filing. The notice states there were no securities sold by the reporting person in the past three months and includes the required representation that the selling person is not aware of undisclosed material adverse information.
Positive
- Full disclosure of key sale details: broker, share count, aggregate market value, and approximate sale date are provided
- Acquisition history stated: identifies pre-IPO origin and transfers among Verlinvest entities with acquisition date and payment method
- No securities sold in past three months by the reporting person, as explicitly noted
Negative
- Large planned sale disclosed: the filing notifies the market of a proposed disposition of 3,000,000 shares valued at $126,900,000
- Increase in available shares could affect supply-side market dynamics for the issuer, as 3,000,000 shares are being offered
Insights
TL;DR: A significant block of shares is being registered for sale, disclosed with broker and timing details.
The filing reports a proposed sale of 3,000,000 common shares via Morgan Stanley with an indicated aggregate market value of $126.9 million. The disclosure is concise and follows Rule 144 requirements, providing acquisition provenance (pre-IPO investment by Verlinvest entities) and payment method (cash). For investors, the key implication is increased available float from an insider/affiliate sale; the filing itself contains no commentary on company fundamentals or undisclosed adverse information.
TL;DR: The notice appears procedurally complete and includes required seller representations.
The Form 144 provides broker details, sale timing, number of shares, acquisition history, and a representation regarding material non-public information, meeting standard filing elements. The filing notes no sales in the past three months by the reporting person. From a compliance perspective, the document contains the necessary elements to satisfy Rule 144 notice requirements; it does not disclose any compliance exceptions or special arrangements.