Vita Coco Company, Inc. (COCO) CFO logs tax-withheld share transfers
Rhea-AI Filing Summary
Vita Coco Company, Inc. Chief Financial Officer Corey Baker reported share dispositions that were used solely to cover tax withholding obligations. On March 11, 2026, a total of 5,226 shares of common stock were withheld at $54.91 per share in three mandated tax-withholding transactions related to restricted stock unit vesting. Following these transactions, Baker directly holds 35,951 shares of common stock. He also holds several non-qualified stock options over additional common shares with exercise prices between $16.91 and $33.36, expiring between 2033 and 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,265 | $54.91 | $124K |
| Tax Withholding | Common Stock | 1,573 | $54.91 | $86K |
| Tax Withholding | Common Stock | 1,388 | $54.91 | $76K |
| 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 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. 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.
FAQ
What did Vita Coco (COCO) CFO Corey Baker report in this Form 4?
Corey Baker reported share dispositions used to satisfy tax withholding obligations from restricted stock unit vesting. The transfers were not open-market sales and were mandated by the company, reflecting routine equity compensation administration rather than a discretionary trading decision.
What stock options does Vita Coco (COCO) CFO Corey Baker hold?
The filing lists several non-qualified stock options over Vita Coco common stock with exercise prices between $16.91 and $33.36. These options have expiration dates ranging from 2033 to 2035, reflecting a continuing long-term incentive position.