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.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $57.98 | $116K |
| Sale | Common Stock | 2,000 | $58.86 | $118K |
| 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) | -- | -- | -- |
Footnotes (1)
- The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan. The stock option vests in four equal annual installments beginning on March 10, 2024. The stock option is vested as to 40% and will vest the remaining 30% on March 10, 2025, 20% on March 10, 2026 and 10% on March 10, 2027. 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.