Vita Coco (COCO) COO sells 60,000 shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Operating Officer Jonathan Burth exercised options for 40,000 shares of common stock at an exercise price of $10.178 per share and sold 60,000 shares in open-market transactions on March 16, 2026 at prices ranging from $57.98 to $60.00. The sales were effected under a Rule 10b5-1 trading plan.
Following these transactions, Burth holds 57,910 shares of common stock directly. He also retains multiple option awards, including non-qualified stock options exercisable for 40,950 underlying shares at an exercise price of $10.178 per share expiring on February 10, 2030, along with additional options at higher exercise prices and later expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 60,000 shares ($3,519,200)
Net Sell
18 txns
Insider
Burth Jonathan
Role
Chief Operating Officer
Sold
60,000 shs ($3.52M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 8,825 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 11,175 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 20,000 | $0.00 | -- |
| Sale | Common Stock | 20,000 | $57.98 | $1.16M |
| Exercise | Common Stock | 8,825 | $10.178 | $90K |
| Sale | Common Stock | 8,825 | $57.98 | $512K |
| Exercise | Common Stock | 11,175 | $10.178 | $114K |
| Sale | Common Stock | 11,175 | $57.98 | $648K |
| Exercise | Common Stock | 20,000 | $10.178 | $204K |
| Sale | Common Stock | 20,000 | $60.00 | $1.20M |
| 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) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 57,910 shares (Direct)
Footnotes (1)
- The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan. The stock option is fully vested and currently exercisable. The stock option is eligible to vest in four tranches if certain performance conditions for each tranche of the option are met by the target date for the applicable performance condition(s) and expire relative to each tranche if the performance conditions for such tranche are not met by the final target date. The performance conditions were partially met and as a result, the first tranche of the option were timely satisfied, resulting in vesting of the option as to 18,200 shares on February 6, 2024. The performance conditions applicable to the fourth tranche of the option were timely satisfied, resulting in vesting of the option as to 22,750 shares on February 20, 2026. 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 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 vests in four equal annual 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.
FAQ
What did Vita Coco (COCO) COO Jonathan Burth report in this Form 4 filing?
Vita Coco COO Jonathan Burth reported exercising options for 40,000 shares at $10.178 and selling 60,000 common shares at $57.98–$60.00 on March 16, 2026. These transactions were made under a Rule 10b5-1 trading plan and updated his ownership position.
What options did Vita Coco (COCO) COO Jonathan Burth exercise in this filing?
Jonathan Burth exercised non-qualified stock options covering 40,000 underlying Vita Coco common shares at an exercise price of $10.178 per share. These exercises converted derivative positions into common stock before the reported open-market sales on March 16, 2026.
Does Vita Coco (COCO) COO Jonathan Burth still hold stock options after this Form 4?
Yes. Jonathan Burth retains several non-qualified stock option awards, including options tied to 40,950 underlying shares at $10.178 expiring on February 10, 2030. Additional option grants at exercise prices up to $33.36 with expirations through March 4, 2035 also remain outstanding.