Vita Coco (COCO) director trades 15,000 shares after stock option exercises
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. director Jane Cecil Morreau reported option exercises and a related share sale. On February 23, 2026, she exercised non-qualified stock options in three steps, converting them into a total of 15,000 shares of common stock at $10.178 per share.
That same day she sold 15,000 shares of Vita Coco common stock at an average price of $53.91 per share in an open-market transaction executed under a Rule 10b5-1 trading plan. After these transactions, she directly owned 17,179 common shares of Vita Coco.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($808,650)
Net Sell
7 txns
Insider
Morreau Jane Cecil
Role
Director
Sold
15,000 shs ($809K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 5,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $10.178 | $51K |
| Exercise | Common Stock | 5,000 | $10.178 | $51K |
| Exercise | Common Stock | 5,000 | $10.178 | $51K |
| Sale | Common Stock | 15,000 | $53.91 | $809K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 40,500 shares (Direct);
Common Stock — 22,179 shares (Direct)
Footnotes (1)
- The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan. The stock option is fully vested and currently exercisable.
FAQ
What insider transaction did Vita Coco (COCO) director Jane Cecil Morreau report?
Jane Cecil Morreau reported exercising stock options into 15,000 Vita Coco shares and selling 15,000 common shares. The transactions occurred on February 23, 2026 and were disclosed on a Form 4 insider ownership report.
Were the Vita Coco (COCO) insider sales made under a 10b5-1 trading plan?
Yes, the filing states the sales of Vita Coco common stock were effected pursuant to a Rule 10b5-1 trading plan. Such plans pre-schedule trades, allowing insiders to systematically sell shares over time under predetermined conditions.
What option activity did the Vita Coco (COCO) director report on Form 4?
She reported exercising non-qualified stock options, classified with transaction code “M” for derivative exercise or conversion. These fully vested, currently exercisable options were converted into 15,000 shares of Vita Coco common stock on February 23, 2026.
Is the Vita Coco (COCO) director’s stock option already vested?
Yes, a footnote explains that the stock option is fully vested and currently exercisable. This means the director had the right to exercise the option immediately, enabling conversion into Vita Coco common shares before the reported sale.