Vita Coco Company, Inc. (COCO) CFO sells 4,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vita Coco Company, Inc.’s Chief Financial Officer Corey Baker reported open-market sales of company common stock. On March 17, 2026, he sold 2,000 shares at $59.92 per share, followed by another 2,000 shares at $58.04 per share on March 18, 2026, for total reported sales of 4,000 shares.
After these transactions, Baker directly holds 27,951 shares of common stock. He also holds multiple non-qualified stock options to purchase additional common shares with exercise prices ranging from $16.91 to $33.36. The filing notes that the stock sales were carried out under a Rule 10b5-1 trading plan, indicating they were pre-arranged.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares ($235,920)
Net Sell
7 txns
Insider
BAKER COREY
Role
Chief Financial Officer
Sold
4,000 shs ($236K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $58.04 | $116K |
| Sale | Common Stock | 2,000 | $59.92 | $120K |
| 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) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,951 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 9,205 shares (Direct)
Footnotes (1)
- The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan. 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 insider transaction did Vita Coco (COCO) disclose for Corey Baker?
Vita Coco disclosed that CFO Corey Baker sold 4,000 shares of common stock in open-market transactions. He sold 2,000 shares at $59.92 on March 17, 2026 and 2,000 shares at $58.04 on March 18, 2026.
Were Vita Coco (COCO) CFO Corey Baker’s stock sales pre-planned?
Yes. The filing states the sales of Vita Coco common stock were effected pursuant to a Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs that allow insiders to sell shares according to predetermined criteria, reducing discretion over trade timing.
What stock options does the Vita Coco (COCO) CFO still hold?
The CFO holds several non-qualified stock options to buy Vita Coco common stock. These options cover underlying shares at exercise prices of $16.91, $24.35, $26.18, $27.59 and $33.36, with expiration dates between 2033 and 2035, and are held directly.
Does the Vita Coco (COCO) Form 4 show any option exercises by the CFO?
No option exercises are reported in this Form 4. The derivative entries reflect existing non-qualified stock option holdings, with underlying share amounts and exercise prices listed, but the summarized transaction data show only open-market stock sales and no option exercises.