Vita Coco (COCO) CEO reports 3,660-share tax withholding on RSU vesting
Rhea-AI Filing Summary
Vita Coco Company, Inc. director and Chief Executive Officer Martin Roper reported an automatic share disposition tied to equity compensation. On March 4, 2026, 3,660 shares of common stock were withheld at $54.12 per share to cover tax obligations from vesting Restricted Stock Units, a disposition mandated by the issuer rather than a discretionary sale.
Following this tax-withholding event, Roper directly holds 303,847 shares of common stock. He also reports multiple holdings of Non-Qualified Stock Options and Performance Options, some fully vested and others vesting in four equal annual installments beginning on November 27, 2022, March 10, 2024, March 4, 2025, and March 3, 2026. Additional common shares are indirectly held through the Christopher G. Roper, Peter S. Roper, and Thomas L. Roper Exempt Family Trusts and by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,660 | $54.12 | $198K |
| 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 | Performance Options | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person. These shares are held by the Christopher G. Roper Exempt Family Trust. These shares are held by the Peter S. Roper Exempt Family Trust. These shares are held by the Thomas L. Roper Exempt Family Trust. The stock option is fully vested and currently exercisable. The stock option vests in four equal annual installments beginning on November 27, 2022. The stock option vests in four equal annual installments beginning on March 10, 2024. The stock option vests in four equal annual installments beginning on March 4, 2025. The stock option vests in four equal annual installments beginning on March 3, 2026.
