Vita Coco chair covers taxes with 3,965 shares
Vita Coco Company, Inc. Executive Chairman Michael Kirban reported a tax-related share disposition.
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Rhea-AI Filing Summary
Vita Coco Company, Inc. Executive Chairman Michael Kirban reported a tax-related share disposition. On March 4, 2026, 3,965 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 company and not a discretionary trade. He continues to hold 149,609 common shares directly, plus additional shares indirectly through the Michael Kirban 2010 Trust and the Michael Kirban Revocable Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,965 | $54.12 | $215K |
| 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 | -- | -- | -- |
Footnotes (8)
- F1. 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.
- F2. These shares are held by the Michael Kirban 2010 Trust.
- F3. These shares are held by the Michael Kirban Revocable Trust.
- F4. The stock option is fully vested and currently exercisable.
- F5. The stock option vests in four equal annual installments beginning on November 27, 2022.
- F6. The stock option vests in four equal annual installments beginning on March 10, 2024.
- F7. The stock option vests in four equal annual installments beginning on March 4, 2025.
- F8. The Stock Option vests in four equal annual installments beginning in March 3, 2026.
FAQ
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What did Vita Coco (COCO) Executive Chairman Michael Kirban report in this Form 4?
What option and performance awards does Michael Kirban report in this Vita Coco (COCO) filing?
How are Michael Kirban’s indirect Vita Coco (COCO) holdings structured in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.