Vita Coco director sells 3,900 shares under plan
Vita Coco Company, Inc. director Kenneth Sadowsky reported an open-market sale of 3,900 shares of common stock at a weighted average price of $56.918 per share.
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Rhea-AI Filing Summary
Vita Coco Company, Inc. director Kenneth Sadowsky reported an open-market sale of 3,900 shares of common stock at a weighted average price of $56.918 per share. The trade was executed pursuant to a pre-arranged Rule 10b5-1 trading plan, indicating it was scheduled in advance.
After the sale, Sadowsky directly holds 590,466 shares of common stock. He also holds a fully vested, currently exercisable non-qualified stock option to buy 27,300 shares of common stock at an exercise price of $10.178 per share, expiring on January 2, 2030.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,900 | $56.918 | $222K |
| Holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
Footnotes (3)
- F1. The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.54 to $57.77, 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.
- F3. The stock option is fully vested and currently exercisable.
FAQ
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What did Vita Coco (COCO) director Kenneth Sadowsky report in this Form 4?
Was the Vita Coco (COCO) stock sale by Kenneth Sadowsky under a Rule 10b5-1 plan?
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