Vita Coco (COCO) director granted 1,530 RSUs under 2021 equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc. director Eric Melloul received an equity grant of 1,530 shares of common stock in the form of restricted stock units (RSUs). The award was valued at $75.18 per share for reporting purposes and increased his direct holdings to 4,816 shares.
The RSUs were granted under the company’s 2021 Incentive Award Plan and will vest in full on the earlier of the day immediately preceding the next Annual Stockholders Meeting after the grant date or the first anniversary of the grant date, as long as he remains in continuous service. Each RSU converts into one share of common stock when it vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Melloul Eric
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,530 | $75.18 | $115K |
Holdings After Transaction:
Common Stock — 4,816 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,530 units
Grant value per share: $75.18 per share
Shares after grant: 4,816 shares
+3 more
6 metrics
RSUs granted
1,530 units
Restricted stock units granted to director on 2026-06-03
Grant value per share
$75.18 per share
Reporting price for RSU grant
Shares after grant
4,816 shares
Total direct common stock holdings after transaction
Transaction code
A
Grant, award, or other acquisition of non-derivative security
Vesting trigger
Earlier of next ASM-minus-one-day or first anniversary
Single vesting date subject to continuous service
Share conversion ratio
1 RSU = 1 share
Each RSU settles into one Vita Coco common share
Key Terms
RSUs, 2021 Incentive Award Plan, Annual Stockholders Meeting, continuous service, +1 more
5 terms
RSUs financial
"Represents RSUs granted under the Company's 2021 Incentive Award Plan"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2021 Incentive Award Plan financial
"RSUs granted under the Company's 2021 Incentive Award Plan which vest in full"
Annual Stockholders Meeting regulatory
"vest in full the earlier of (i) the day immediately preceding the Annual Stockholders Meeting"
continuous service financial
"provided the Reporting Person remains in continuous service on the applicable vesting date"
restricted stock units financial
"Each RSU represents the right to receive one share of common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
What did Vita Coco (COCO) director Eric Melloul report in this Form 4?
Eric Melloul reported receiving 1,530 RSUs of Vita Coco common stock. These restricted stock units were granted as equity compensation and increase his direct holdings to 4,816 shares, subject to the vesting conditions described in the company’s 2021 Incentive Award Plan.
Is the Form 4 for Vita Coco (COCO) a stock purchase or a grant?
The Form 4 reflects a grant of restricted stock units, not an open-market purchase. The transaction is coded “A” for a grant, award, or other acquisition, indicating equity compensation rather than buying shares on the open market.
What are the vesting terms of Eric Melloul’s Vita Coco (COCO) RSUs?
The 1,530 RSUs vest in full on a single future date. Vesting occurs on the earlier of the day immediately before the next Annual Stockholders Meeting after the grant date or the first anniversary of the grant date, assuming continuous service.
What does each RSU in Vita Coco (COCO) represent for Eric Melloul?
Each RSU represents the right to receive one share of Vita Coco common stock. Once the vesting conditions are satisfied, the RSUs convert into shares, providing stock-based compensation aligned with the company’s 2021 Incentive Award Plan.