Tax withholding trims Vita Coco (COCO) CCO share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Commercial Officer Charles van Es had 818 shares of Common Stock withheld at $54.91 per share to satisfy tax withholding obligations from Restricted Stock Unit vesting. According to the disclosure, this disposition was mandated by the company and was not a discretionary trade. After the tax withholding, he directly holds 81,691 Common shares, along with several Non-Qualified Stock Options, including a fully vested option covering 53,750 underlying shares at an exercise price of $10.178 that expires in 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
van Es Charles
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 818 | $54.91 | $45K |
| 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:
Common Stock — 81,691 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 53,750 shares (Direct)
Footnotes (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 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 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 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.
FAQ
What insider transaction did Vita Coco (COCO) report for Charles van Es?
Vita Coco’s Chief Commercial Officer Charles van Es reported a tax-related share disposition. 818 Common shares were withheld by the company to cover tax obligations arising from the vesting and settlement of Restricted Stock Units, rather than from a discretionary market sale.
What stock options does Charles van Es hold in Vita Coco (COCO)?
The disclosure lists several Non-Qualified Stock Options on Vita Coco Common Stock. These include a fully vested option for 53,750 underlying shares at a $10.178 exercise price expiring in 2030, plus additional grants with exercise prices up to $33.36 expiring through 2035.
Does this Vita Coco (COCO) Form 4 show any open-market buying or selling?
The Form 4 does not show open-market purchases or sales. It records a mandatory tax-withholding disposition of 818 shares and provides updated holdings, including remaining Common shares and various Non-Qualified Stock Options held directly by Charles van Es.