COCO insider Michael Kirban trades 5,102 shares, retains large stake
Rhea-AI Filing Summary
Vita Coco Company, Inc. (COCO) reported an insider transaction by Executive Chairman and Director Michael Kirban. On 11/14/2025, a Rule 10b5-1 trading plan sale of 5,102 shares of common stock was executed at $44 per share. After this trade, Kirban beneficially owns 127,629 shares directly, 1,479,049 shares indirectly through the Michael Kirban 2010 Trust, and 615,681 shares indirectly through the Michael Kirban Revocable Trust.
Kirban also holds several non-qualified stock options, including 546,000 options with a $10.178 exercise price expiring 12/16/2029 and other grants with exercise prices ranging from $15 to $32.78 and expirations through 03/03/2035. Some options are fully vested and currently exercisable, while others vest in four equal annual installments starting on specified dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,102 | $44.00 | $224K |
| 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) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan. These shares are held by the Michael Kirban 2010 Trust. These shares are held by the Michael Kirban Revocable Trust. The stock option is fully vested and currently exercisable. 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 in March 3, 2026.
FAQ
What insider transaction did Vita Coco (COCO) report for Michael Kirban?
Vita Coco reported that Executive Chairman and Director Michael Kirban sold 5,102 shares of common stock on 11/14/2025 at a price of $44 per share.
Was the COCO insider sale by Michael Kirban under a Rule 10b5-1 plan?
Yes. The filing states that the sale of 5,102 shares was effected pursuant to a Rule 10b5-1 trading plan, which is a pre-arranged plan for trading company stock.
What is Michael Kirban’s role at Vita Coco (COCO)?
The filing identifies Michael Kirban as both a Director and an Officer, serving as the company’s Executive Chairman.
How do Michael Kirban’s Vita Coco (COCO) stock options vest?
Some of Kirban’s options are noted as fully vested and currently exercisable. Other grants vest in four equal annual installments, beginning on dates including November 27, 2022, March 10, 2024, March 4, 2025, and March 3, 2026.