Vita Coco (COCO) CFO sells 4,000 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Vita Coco Company, Inc.’s Chief Financial Officer, Corey Baker, reported open‑market sales of 4,000 shares of common stock. The trades occurred on March 13, 2026 and March 16, 2026, with 2,000 shares sold at $58.86 and 2,000 shares at $57.98 per share.
After these transactions, Baker directly holds 31,951 shares of Vita Coco common stock. He also holds several non‑qualified stock options, including awards over 9,205 shares at $16.91 expiring on March 10, 2033 and 13,481 shares at $24.35 expiring on May 10, 2033. The sales were made under a pre‑arranged Rule 10b5‑1 trading plan.
Positive
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Negative
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Insights
CFO’s 4,000-share sale is small, pre-planned, and leaves sizable equity exposure.
The CFO, Corey Baker, executed two open‑market sales totaling 4,000 shares of Vita Coco common stock at prices of $58.86 and $57.98 per share on March 13, 2026 and March 16, 2026. Following these trades, he still directly owns 31,951 shares, indicating that only a modest portion of his equity stake was sold.
The filing notes the transactions were effected pursuant to a Rule 10b5‑1 trading plan, meaning they were pre‑scheduled rather than timed discretionarily. Baker also retains multiple non‑qualified stock options with exercise prices from $16.91 to $33.36 and expirations between 2033 and 2035, preserving long‑term upside exposure linked to the company’s performance.
FAQ
What did Vita Coco (COCO) CFO Corey Baker report in this Form 4 filing?
How many Vita Coco shares does the CFO own after these insider sales?
Were Corey Baker’s Vita Coco share sales part of a Rule 10b5-1 plan?
At what prices did Vita Coco’s CFO sell his COCO shares in March 2026?
What stock options does the Vita Coco CFO hold according to this Form 4?
Do the reported insider sales significantly reduce the Vita Coco CFO’s equity exposure?