Vita Coco (COCO) COO reports 818-share tax withholding, holds 77,910 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Operating Officer Jonathan Burth reported a mandated tax-withholding disposition of 818 shares of common stock on March 11, 2026, at a price of $54.91 per share. The shares were withheld by the company to cover tax obligations from vesting and settlement of restricted stock units and were not a discretionary transaction.
After this event, Burth directly owns 77,910 shares of common stock. He also holds multiple non-qualified stock options on common stock with exercise prices ranging from $10.178 to $33.36 and expiration dates between 2029 and 2035, reflecting a continuing equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Burth Jonathan
Role
Chief Operating 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) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 77,910 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 8,825 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 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?
Jonathan Burth reported 818 Vita Coco common shares disposed to cover tax withholding. These shares were withheld by the company upon vesting and settlement of restricted stock units, making the transaction mandatory rather than a discretionary open-market trade by the executive.
Does this Vita Coco (COCO) Form 4 suggest a change in insider sentiment?
The Form 4 mainly shows a routine tax-withholding event of 818 shares, mandated upon RSU vesting. Because the COO still directly holds 77,910 shares and significant stock options, the filing appears administrative rather than a clear signal of changing insider sentiment.