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COCO (NASDAQ: COCO) Form 144 shows insider sales and trust dispositions

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The issuer COCO filed a Form 144 notice reporting proposed and recent sales of Common Stock by affiliated holders and a trust. The filing lists a 50,000-share block associated with Fidelity Brokerage Services and two reported sales by the Michael Kirban Revocable Trust of 9,796 shares on 03/11/2026 and 40,204 shares on 03/12/2026.

Positive

  • None.

Negative

  • None.
Block associated with Fidelity 50,000 shares listed in securities to be sold; date <date>04/30/2026</date>
Trust sale on 03/11/2026 9,796 shares Michael Kirban Revocable Trust sale on <date>03/11/2026</date>
Proceeds for 03/11/2026 sale $568,168.00 Dollar amount shown next to 9,796-share sale
Trust sale on 03/12/2026 40,204 shares Michael Kirban Revocable Trust sale on <date>03/12/2026</date>
Proceeds for 03/12/2026 sale $2,331,832.00 Dollar amount shown next to 40,204-share sale
Reported aggregate outstanding (?) 57,112,643 number appearing in securities information line dated <date>04/30/2026</date>
Form 144 regulatory
"Form 144 notice reporting proposed and recent sales"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Founders Shares market
"Founders Shares | Issuer | 50000 | 01/16/2007"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
Revocable Trust other
"Michael Kirban Revocable Trust 111 Fifth Avenue Second Floor"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
Securities To Be Sold regulatory
"Securities To Be Sold | Common | Fidelity Brokerage Services LLC"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does COCO's Form 144 disclose?

The Form 144 lists proposed or completed sales of Common Stock by insiders or affiliated holders. It includes a 50,000-share block linked to Fidelity and two sales by Michael Kirban Revocable Trust of 9,796 and 40,204 shares in March 2026.

When were the trust sales reported in COCO's filing?

The Michael Kirban Revocable Trust reported sales on 03/11/2026 and 03/12/2026. These dates appear next to the reported share counts of 9,796 and 40,204, respectively, in the Form 144 excerpt.

How many shares and dollar amounts are shown for the trust sales?

The filing shows the trust sold 9,796 shares for $568,168.00 and 40,204 shares for $2,331,832.00. Those amounts are listed alongside the respective sale dates in the excerpt.

Does the Form 144 state where COCO common shares trade?

Yes. The excerpt includes an exchange listing: NASDAQ is listed in the securities information line for the Common Stock, along with a reported date of 04/30/2026 in that section.