CFO of Vita Coco (NASDAQ: COCO) receives 4,401-share equity grant
Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Financial Officer Corey Baker reported an equity award in the form of restricted stock units. On February 20, 2026, he acquired 4,401 shares of Common Stock at a stated price of $0.00 per share as a grant or award, bringing his directly held common shares to 43,155.
The restricted stock units will vest in four equal annual installments on each anniversary of the grant date, as long as he remains in continuous service, and shares will be automatically withheld on each vesting date to cover tax obligations. The filing also updates holdings and vesting schedules for several non-qualified stock options that vest in staged annual installments through future dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,401 shares
Net Buy
6 txns
Insider
BAKER COREY
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,401 | $0.00 | $0.00 |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,155 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 56,197 shares (Direct)
Footnotes (5)
- F1. The Reporting Person was granted restricted stock units that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be withheld to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
- F2. The stock option vests in four equal annual installments beginning on March 10, 2024.
- F3. The stock option is vested as to 40% and will vest the remaining 30% on March 10, 2025, 20% on March 10, 2026 and 10% on March 10, 2027.
- F4. The stock option vests in four equal annual installments beginning on March 4, 2025.
- F5. The Reporting Person was granted stock options that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Vita Coco (COCO) report for CFO Corey Baker?
Vita Coco reported that CFO Corey Baker received a grant of 4,401 shares of Common Stock on February 20, 2026. The award was recorded at a price of $0.00 per share as an equity grant, not an open-market purchase or sale.
How do Corey Baker’s restricted stock units in Vita Coco (COCO) vest?
The restricted stock units granted to Corey Baker vest in four equal annual installments on each anniversary of the grant date. Vesting requires he remain in continuous service, and on each vesting date, shares are automatically withheld to satisfy his tax withholding obligations.
What does the Form 4 say about Vita Coco (COCO) stock options held by the CFO?
The Form 4 lists several non-qualified stock options held directly by the CFO, each with a specified number of underlying shares. Footnotes describe vesting schedules in equal annual installments and percentage-based vesting over multiple years, extending through future vesting dates.
How are taxes handled for Corey Baker’s Vita Coco (COCO) restricted stock units?
On each vesting date for the restricted stock units, shares of Vita Coco Common Stock are automatically withheld to cover Corey Baker’s tax withholding obligations. This withholding occurs as a non-discretionary transaction, according to the footnote in the Form 4.