Vita Coco (COCO) CCO logs PSU vesting, RSU grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Commercial Officer Charles van Es reported several equity-related transactions on February 20, 2026. A block of 5,914 Performance Stock Units vested and was converted into 5,914 shares of common stock based on 100% performance achievement.
He also received a grant of 4,401 restricted stock units that will vest in four equal annual installments, with shares automatically withheld on each vesting date to cover tax obligations. To satisfy tax withholding on the PSU vesting, 3,271 shares of common stock were withheld in a non-discretionary, issuer-mandated transaction.
After these transactions, van Es directly owned 84,672 shares of common stock. The filing also lists several non-qualified stock option awards that are fully vested or scheduled to vest over future years, reflecting ongoing equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,914 shares exercised/converted
Mixed
11 txns
Insider
van Es Charles
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 5,914 | $0.00 | -- |
| Grant/Award | Common Stock | 4,401 | $0.00 | -- |
| Exercise | Common Stock | 5,914 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,271 | $0.00 | -- |
| 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:
Performance Stock Units — 0 shares (Direct);
Common Stock — 82,029 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 53,750 shares (Direct)
Footnotes (1)
- The Reporting Person was granted restricted stock units 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. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be withheld to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction. The acquisition reported on this Form 4 represents the vesting of Performance Stock Units (PSU) originally granted on March 10, 2023. Each PSU represents the right to receive one share of common stock. Based on performance achievement of 100%, the Reporting Person received 5,914 shares, representing 100% of the target award of 5,914 PSUs. The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of PSUs. 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 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 equity awards did Vita Coco (COCO) CCO Charles van Es report?
Charles van Es reported the vesting of 5,914 Performance Stock Units into common stock and a separate grant of 4,401 restricted stock units. These awards are part of his equity compensation and vest over time based on service and performance conditions.
How do the Performance Stock Units for Vita Coco (COCO) CCO vest?
The Performance Stock Units originally granted on March 10, 2023 vested based on 100% performance achievement, delivering 5,914 common shares. Each PSU represents one share of common stock when performance conditions are met, as detailed in the Form 4 footnotes.
What are the vesting terms of the new restricted stock units at Vita Coco (COCO)?
The restricted stock units granted to Charles van Es vest in four equal annual installments on each anniversary of the grant date. On each vesting date, shares are automatically withheld to satisfy tax withholding obligations in a non-discretionary manner.
What stock options does Vita Coco (COCO) CCO Charles van Es hold?
The Form 4 lists several non-qualified stock options held by Charles van Es, with holdings such as 53,750 and 58,043 options. Some options are fully vested and exercisable, while others vest in annual installments beginning on specified future dates.