[Form 4] Vita Coco Company, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Jane Prior, Chief Marketing Officer of Vita Coco Company, Inc. (COCO), reported insider activity showing simultaneous option exercise and open-market sales on 09/17/2025. She acquired 10,000 shares at $10.178 per share (Code M) and sold 10,000 shares pursuant to a Rule 10b5-1 trading plan at a weighted average price of $42.043, with sale prices ranging from $42.00 to $42.19. After these transactions she beneficially owned 123,666 shares. The filing lists multiple outstanding non-qualified stock options at various exercise prices and vesting schedules, including 33,750 currently exercisable shares and several tranches vesting through 2035.
Positive
- Transactions executed under a Rule 10b5-1 plan, which provides an affirmative defense regarding trade timing
- Continued substantial holdings: the reporting person retains 123,666 shares after the transactions, indicating ongoing ownership alignment
- Large vested option pool: 33,750 options are currently exercisable, showing available vested equity
Negative
- Disposition of 10,000 shares at a weighted average price of $42.043 reduced the reporting person’s share count by 10,000
- Concentrated future vesting extends through 2035, which may delay full realization of equity value for the reporting person
Insights
TL;DR: Insider exercised options at low cost and sold an equal number under a 10b5-1 plan, vesting schedule shows multi-year equity compensation.
The exercise at $10.178 and immediate disposition of 10,000 shares at a weighted average of $42.043 indicates capture of intrinsic value from equity compensation. The reporting person still holds substantial option positions and 123,666 shares post-transaction, leaving continued alignment with shareholders. Transactions were executed under a Rule 10b5-1 plan, reducing concerns about timing. For valuation impact, the realized spread per share was roughly $31.865 based on stated prices, but the filing does not report proceeds or tax treatment.
TL;DR: Transactions appear routine and documented; use of 10b5-1 plan supports procedural compliance.
Disclosure shows proper use of an affirmative defense trading plan and the form is signed by an attorney-in-fact, indicating administrative compliance. The mix of fully vested options and long-dated tranches through 2035 reflects standard executive compensation structuring to retain executives. No pledging, transfers to affiliates, or unusual derivative structures are disclosed in this filing.