STOCK TITAN

Vita Coco (NASDAQ: COCO) CCO gets options as shares withheld for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vita Coco Company, Inc. Chief Commercial Officer Charles van Es reported routine equity-related transactions. On March 5, 2026, a total of 1,458 and 705 shares of common stock were disposed of at $55.175 per share to cover tax withholding obligations upon Restricted Stock Unit vesting, a disposition mandated by the issuer and not a discretionary sale.

On February 20, 2026, van Es was granted a non-qualified stock option covering 14,025 shares at an exercise price of $16.91 per share after specified performance conditions were satisfied, causing that portion to vest. Additional option footnotes describe various grants that vest in equal annual installments over three or four years, contingent on continued service.

Positive

  • None.

Negative

  • None.
Insider van Es Charles
Role Chief Commercial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 1,458 $55.175 $80K
Tax Withholding Common Stock 705 $55.175 $39K
Grant/Award Non-Qualified Stock Option (Right to Buy) 14,025 $16.91 $237K
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) -- -- --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
holding Non-Qualified Stock Option (Right to Buy) -- -- --
Holdings After Transaction: Common Stock — 83,214 shares (Direct); Non-Qualified Stock Option (Right to Buy) — 14,025 shares (Direct)
Footnotes (1)
  1. The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person. The stock option is eligible to vest if certain performance conditions are met by the target date for the applicable performance condition(s) and expire if the performance conditions are not met by the final target date. The performance conditions applicable were timely satisfied, resulting in vesting of the option as to 14,025 shares on February 20, 2026. The stock option is fully vested and currently exercisable. The stock option vests in four equal annual installments beginning on November 27, 2022. The stock option vests in three equal annual installments beginning on August 15, 2025. The stock options vest in four annual equal installments beginning on March 10, 2024. The stock option vests in four equal annual installments beginning on March 4, 2025. 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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
van Es Charles

(Last) (First) (Middle)
111 5TH AVENUE
2ND FLOOR

(Street)
NEW YORK NY 10003

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vita Coco Company, Inc. [ COCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 F(1) 1,458 D $55.175 83,214 D
Common Stock 03/05/2026 F(1) 705 D $55.175 82,509 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) $16.91 02/20/2026 A 14,025 (2) 03/10/2033 Common Stock 14,025 $16.91 14,025 D
Non-Qualified Stock Option (Right to Buy) $10.178 (3) 02/10/2030 Common Stock 53,750 53,750 D
Non-Qualified Stock Option (Right to Buy) $10.178 (3) 01/11/2031 Common Stock 27,300 27,300 D
Non-Qualified Stock Option (Right to Buy) $15 (4) 10/21/2031 Common Stock 58,043 58,043 D
Non-Qualified Stock Option (Right to Buy) $15.36 (5) 08/15/2032 Common Stock 42,980 42,980 D
Non-Qualified Stock Option (Right to Buy) $16.91 (6) 03/10/2033 Common Stock 14,205 14,205 D
Non-Qualified Stock Option (Right to Buy) $26.18 (7) 03/04/2034 Common Stock 8,746 8,746 D
Non-Qualified Stock Option (Right to Buy) $33.36 (8) 03/04/2035 Common Stock 13,218 13,218 D
Explanation of Responses:
1. The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
2. The stock option is eligible to vest if certain performance conditions are met by the target date for the applicable performance condition(s) and expire if the performance conditions are not met by the final target date. The performance conditions applicable were timely satisfied, resulting in vesting of the option as to 14,025 shares on February 20, 2026.
3. The stock option is fully vested and currently exercisable.
4. The stock option vests in four equal annual installments beginning on November 27, 2022.
5. The stock option vests in three equal annual installments beginning on August 15, 2025.
6. The stock options vest in four annual equal installments beginning on March 10, 2024.
7. The stock option vests in four equal annual installments beginning on March 4, 2025.
8. 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.
/s/ Alison Klein, attorney-in-fact for Charles van Es 03/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Vita Coco (COCO) report for Charles van Es?

Vita Coco reported tax-related share dispositions and an option grant for Chief Commercial Officer Charles van Es. Shares were withheld to satisfy RSU tax obligations, and he received a 14,025-share non-qualified stock option after performance conditions were met on February 20, 2026.

Were Charles van Es’s Vita Coco (COCO) share dispositions open-market sales?

No, the reported dispositions were not open-market sales. Shares were withheld to cover tax withholding obligations from vesting Restricted Stock Units, a process mandated by Vita Coco and described as a non-discretionary tax-withholding disposition rather than a voluntary sale by Charles van Es.

What stock option grant did Vita Coco (COCO) give Charles van Es?

Vita Coco granted Charles van Es a non-qualified stock option for 14,025 shares at an exercise price of $16.91 per share. Footnotes state performance conditions were satisfied, causing this portion to vest on February 20, 2026, making the option eligible for exercise subject to its terms.

How many Vita Coco (COCO) shares does Charles van Es hold after the tax dispositions?

After the March 5, 2026 tax-withholding dispositions of 1,458 and 705 common shares at $55.175 each, Charles van Es directly held 83,214 and then 82,509 common shares in successive line items, reflecting updated direct ownership levels reported in the filing’s non-derivative table.

How do Charles van Es’s Vita Coco (COCO) stock options vest?

Footnotes describe multiple non-qualified stock option grants for Charles van Es vesting in equal annual installments over three or four years. Some options vest beginning on dates such as November 27, 2022 and March 10, 2024, generally requiring his continuous service on each vesting anniversary.

What performance conditions affected Charles van Es’s Vita Coco (COCO) option vesting?

One non-qualified stock option for 14,025 shares vested only if specified performance conditions were met by target dates. The filing notes those performance conditions were timely satisfied, resulting in vesting of the option as to 14,025 shares on February 20, 2026, at a $16.91 exercise price.