Form 4: Vita Coco Company COO Jonathan Burth Executes Stock Option and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Chief Operating Officer of Vita Coco Company, Jonathan Burth, exercised stock options and sold 200 shares of common stock at an average price of $37.525, while also acquiring 200 shares at $10.178, according to a recent SEC filing.
Summary
- Jonathan Burth, the Chief Operating Officer of Vita Coco Company, executed a transaction involving the company's stock on January 2, 2025.
- Burth exercised a non-qualified stock option to acquire 200 shares of common stock at a price of $10.178 per share.
- Simultaneously, Burth sold 200 shares of common stock at a weighted average price of $37.525 per share, with individual sales ranging from $37.50 to $37.55.
- These sales were conducted under a pre-arranged Rule 10b5-1 trading plan.
- Following these transactions, Burth directly owns 104,108 shares of Vita Coco Company's common stock.
- Burth also holds various non-qualified stock options for a total of 375,226 shares at exercise prices ranging from $10.178 to $26.18, vesting at various dates.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects standard executive stock transactions under a pre-arranged plan.
Industry Context
This filing reflects routine transactions by a company executive and is typical for publicly traded companies. The use of a 10b5-1 plan suggests pre-planned and compliant trading activity.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock option exercise and share sale. |
| 12/16/2029 | Expiration date for one of the non-qualified stock options. |
| 02/10/2030 | Expiration date for one of the non-qualified stock options. |
| 01/11/2031 | Expiration date for one of the non-qualified stock options. |
| 10/21/2031 | Expiration date for one of the non-qualified stock options. |
| 08/15/2032 | Expiration date for one of the non-qualified stock options. |
| 03/10/2033 | Expiration date for one of the non-qualified stock options. |
| 03/04/2034 | Expiration date for one of the non-qualified stock options. |
| 01/06/2025 | Date of SEC filing. |
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