Vita Coco (NASDAQ: COCO) director sells 3,900 shares, keeps 586,566
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. director Kenneth Sadowsky sold shares in a pre-planned trade. He sold 3,900 shares of common stock on April 15, 2026 in an open-market sale at a weighted average price of $48.93 per share under a Rule 10b5-1 trading plan.
After this sale, he directly owns 586,566 common shares and holds a fully vested, currently exercisable non-qualified stock option covering 27,300 shares at an exercise price of $10.178 per share, expiring on January 2, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,900 shares ($190,827)
Net Sell
2 txns
Insider
Sadowsky Kenneth
Role
Director
Sold
3,900 shs ($191K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,900 | $48.93 | $191K |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 586,566 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 27,300 shares (Direct)
Footnotes (1)
- The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.50 to $49.34, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The stock option is fully vested and currently exercisable.
Key Figures
Shares sold: 3,900 shares
Sale price (weighted average): $48.93 per share
Shares owned after sale: 586,566 shares
+2 more
5 metrics
Shares sold
3,900 shares
Open-market sale on April 15, 2026
Sale price (weighted average)
$48.93 per share
Common stock sale; trades ranged $48.50–$49.34
Shares owned after sale
586,566 shares
Direct common stock holdings post-transaction
Option exercise price
$10.178 per share
Non-qualified stock option, fully vested, exercisable
Option underlying shares
27,300 shares
Non-qualified stock option expiring January 2, 2030
Key Terms
Rule 10b5-1 trading plan, weighted average price, Non-Qualified Stock Option (Right to Buy), fully vested and currently exercisable, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Non-Qualified Stock Option (Right to Buy) financial
"security_title: Non-Qualified Stock Option (Right to Buy)"
fully vested and currently exercisable financial
"The stock option is fully vested and currently exercisable."
FAQ
What did Vita Coco (COCO) director Kenneth Sadowsky report in this Form 4?
He reported an open-market sale of 3,900 shares of Vita Coco common stock. The trade occurred on April 15, 2026, reflecting an update to his direct holdings while he continues to own a substantially larger remaining share position.
What stock options does Kenneth Sadowsky hold in Vita Coco (COCO)?
He holds a non-qualified stock option for 27,300 underlying shares of common stock with a $10.178 exercise price. The option is fully vested, currently exercisable, and scheduled to expire on January 2, 2030, providing additional equity exposure.
Did Kenneth Sadowsky exercise any options in this Vita Coco (COCO) Form 4?
No option exercises were reported in this filing. The derivative section lists a fully vested non-qualified stock option with 27,300 underlying shares at $10.178, but it remains outstanding, with an expiration date in 2030 rather than being exercised.