[Form 4] Vita Coco Company, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Insider sale under a Rule 10b5-1 plan: Liran Ira, a director of Vita Coco Company, Inc. (COCO), reported selling 50,000 shares of the issuer's common stock on 09/17/2025 at a weighted average price of $42.003 per share. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan. After the reported transactions, the form discloses 598,341 shares held directly and 692,579 shares held indirectly through the Ira Liran 2012 Family Trust. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/19/2025.
Positive
- Sale executed under a Rule 10b5-1 plan, indicating pre-established trading instructions and procedural compliance
- Significant insider ownership remains: 598,341 shares directly and 692,579 shares indirectly via the Ira Liran 2012 Family Trust
Negative
- Director disposed of 50,000 shares, which is an outright sale of insider holdings
Insights
TL;DR: Director sold 50,000 COCO shares via a Rule 10b5-1 plan; substantial remaining holdings remain both direct and indirect.
The reported sale of 50,000 shares at a weighted average price of $42.003 was executed under a pre-established Rule 10b5-1 trading plan, which indicates the transactions were pre-planned rather than opportunistic. The reporting person continues to hold material positions: 598,341 shares directly and 692,579 shares indirectly via a family trust, which together represent meaningful insider ownership that remains after the disposition.
TL;DR: Use of 10b5-1 plan provides procedural compliance; filing shows preserved insider ownership post-sale.
The Form 4 documents compliance with Section 16 reporting and notes that the sale was made pursuant to a Rule 10b5-1 plan, a common mechanism to provide affirmative defense against insider trading claims. The continued direct and indirect holdings reported suggest the director retains a significant economic interest in the company despite the disposition.