Form 4: Vita Coco CSO Reports Tax-Related Stock Disposition

Charles van Es, Chief Sales Officer of Vita Coco Company, Inc., reported a non-discretionary disposition of 5,300 common shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Charles van Es, Chief Sales Officer of Vita Coco Company, Inc. (COCO), reported a disposition of 5,300 shares of common stock.
• The transaction occurred on November 27, 2025, at a price of $53.83 per share.
• This disposition was non-discretionary, representing shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units (RSUs).
• Following this transaction, Mr. van Es beneficially owns 79,028 shares of common stock directly.
• Mr. van Es also holds several Non-Qualified Stock Options, including 53,750 options exercisable at $10.178, 27,300 options exercisable at $10.178, 58,043 options exercisable at $15, 42,980 options exercisable at $15.36, 14,205 options exercisable at $16.91, 8,746 options exercisable at $26.18, and 13,218 options exercisable at $33.36.
• Some stock options are fully vested, while others vest in annual installments over several years.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While there's a reduction in direct share count, it's a non-discretionary transaction for tax purposes, not a voluntary sale. The executive retains substantial equity holdings, indicating continued alignment with company performance.

Positives

• The disposition of shares was non-discretionary, solely for tax withholding purposes related to RSU vesting, not a voluntary sale by the insider.
• The Chief Sales Officer retains significant beneficial ownership of 79,028 common shares and a substantial number of stock options, indicating continued alignment with shareholder interests.

Negatives

• A reduction in the direct beneficial ownership of common stock by a key executive, even if for tax purposes.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This insider transaction report is a routine disclosure of an executive's equity holdings and does not provide specific insights into broader industry trends or competitive landscape for the beverage sector.

Stakeholder Impact

• Shareholders: Minimal impact as the transaction is routine and non-discretionary, not signaling a change in management's confidence.
• Employees: No direct impact on employees.
• Customers: No direct impact on customers.
• Suppliers: No direct impact on suppliers.
• Creditors: No direct impact on creditors.

Next Steps

• Continued vesting of various non-qualified stock options on their respective anniversary dates, provided continuous service.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary disposition of shares by a Chief Sales Officer to cover tax obligations related to RSU vesting. It does not reflect a change in the company's fundamentals, strategic direction, or the executive's confidence in the company. Therefore, it provides no new information that would warrant a change from a 'hold' recommendation based solely on this filing.

Keywords

Vita Coco Company, COCO, Charles van Es, Chief Sales Officer, Insider Transaction, Form 4, Stock Disposition, Restricted Stock Units, RSU, Stock Options, Tax Withholding