Vita Coco Company (COCO) CFO reports mandated tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Financial Officer Corey Baker reported mandatory share dispositions tied to equity compensation. On March 5, 2026, 1,327 and 651 shares of common stock were withheld at $55.175 per share to satisfy tax obligations from Restricted Stock Unit vesting, a process mandated by the company rather than a discretionary sale. The filing also updates several non-qualified stock option positions that vest in staged annual installments beginning on dates including March 10, 2024, March 4, 2025, and extending through March 10, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
BAKER COREY
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,327 | $55.175 | $73K |
| Tax Withholding | Common Stock | 651 | $55.175 | $36K |
| 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 — 41,828 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 9,205 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 vests in four equal annual installments beginning on March 10, 2024. 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. 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) CFO report?
Vita Coco CFO Corey Baker reported share dispositions used to cover tax withholding obligations from Restricted Stock Unit vesting. The company withheld 1,327 and 651 common shares on March 5, 2026, rather than Baker selling shares in a discretionary open-market transaction.
What role does Corey Baker hold at Vita Coco (COCO)?
Corey Baker serves as Chief Financial Officer of Vita Coco Company, Inc. His Form 4 filing reflects equity-related activity, including tax-withholding share dispositions and updates to non-qualified stock option holdings granted as part of his executive compensation package.
What stock option vesting schedules are disclosed for Vita Coco’s CFO?
Several non-qualified stock option awards for the CFO are disclosed, vesting in equal annual installments. Footnotes describe options beginning to vest on March 10, 2024, another grant vesting 40% with future tranches through March 10, 2027, and additional options starting to vest on March 4, 2025.
Does the Vita Coco CFO Form 4 show changes to option holdings?
Yes. The Form 4 lists multiple non-qualified stock option positions with updated post-transaction balances. Footnotes explain that these options vest over four equal annual installments, contingent on Corey Baker’s continued service through vesting dates between March 2024 and March 2027.