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Vita Coco Company, Inc.·4

Feb 26, 5:14 PM ET

van Es Charles 4

4 · Vita Coco Company, Inc. · Filed Feb 26, 2026

Research Summary

AI-generated summary of this filing

Updated

Vita Coco CCO Charles van Es Vests 5,914 PSUs, Granted 4,401 RSUs

What Happened

  • On February 20, 2026, Vita Coco CCO Charles van Es received a grant of 4,401 restricted stock units (RSUs) and had Performance Stock Units (PSUs) vest and convert into 5,914 shares (100% of target). The filings show no cash was paid for these shares (all reported at $0.00).
  • Of the vested 5,914 shares, 3,271 shares were withheld by the company to satisfy tax withholding obligations (a non-discretionary, issuer-mandated withholding).

Key Details

  • Transaction date: 2026-02-20; Form 4 filed: 2026-02-26 (filed 6 days after the transaction; Form 4s are generally due within two business days).
  • Awards/grants: 4,401 RSUs granted (vesting schedule: four equal annual installments subject to continued service) (see footnote F1).
  • PSU vesting: 5,914 PSUs converted to 5,914 shares representing 100% of target award (footnote F2).
  • Tax withholding: 3,271 shares withheld to cover tax obligations; withholding was mandated by the issuer and not a discretionary sale (footnote F3).
  • Prices reported: $0.00 per share for the awards/conversion and the withholding (typical for equity grants/settlements).
  • Shares owned after the transaction: Not specified in the provided filing excerpt.
  • Transaction codes explained: A = award/grant; M = conversion/exercise of derivative (PSU conversion); F = payment of tax liability (shares withheld).

Context

  • The PSU conversion here is a performance-based award settling in company stock (not an open-market purchase or sale). The withholding of shares for taxes is a routine administrative step and does not necessarily signal bullish or bearish intent.
  • The RSU grant vests over future anniversaries if the executive remains employed; no cash purchases or open-market sales by the insider were reported in this filing.

Insider Transaction Report

Form 4
Period: 2026-02-20
Vita Coco Company, Inc.COCO
van Es Charles
Chief Commercial Officer
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-20+4,401→ 82,029 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-02-20+5,914→ 87,943 total
  • Tax Payment

    Common Stock

    [F3]
    2026-02-20−3,271→ 84,672 total
  • Exercise/Conversion

    Performance Stock Units

    [F2]
    2026-02-20−5,914→ 0 total
    Exercise: $0.00From: 2026-02-20→ Common Stock (5,914 underlying)
Holdings

  • Non-Qualified Stock Option (Right to Buy)

    [F4]
    Exercise: $10.18Exp: 2030-02-10→ Common Stock (53,750 underlying)
    53,750

  • Non-Qualified Stock Option (Right to Buy)

    [F4]
    Exercise: $10.18Exp: 2031-01-11→ Common Stock (27,300 underlying)
    27,300

  • Non-Qualified Stock Option (Right to Buy)

    [F5]
    Exercise: $15.00Exp: 2031-10-21→ Common Stock (58,043 underlying)
    58,043

  • Non-Qualified Stock Option (Right to Buy)

    [F6]
    Exercise: $15.36Exp: 2032-08-15→ Common Stock (42,980 underlying)
    42,980

  • Non-Qualified Stock Option (Right to Buy)

    [F7]
    Exercise: $16.91Exp: 2033-03-10→ Common Stock (14,205 underlying)
    14,205

  • Non-Qualified Stock Option (Right to Buy)

    [F8]
    Exercise: $26.18Exp: 2034-03-04→ Common Stock (8,746 underlying)
    8,746

  • Non-Qualified Stock Option (Right to Buy)

    [F9]
    Exercise: $33.36Exp: 2035-03-04→ Common Stock (13,218 underlying)
    13,218
Footnotes (9)
  • [F1]The Reporting Person was granted restricted stock units 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. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be withheld to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
  • [F2]The acquisition reported on this Form 4 represents the vesting of Performance Stock Units (PSU) originally granted on March 10, 2023. Each PSU represents the right to receive one share of common stock. Based on performance achievement of 100%, the Reporting Person received 5,914 shares, representing 100% of the target award of 5,914 PSUs.
  • [F3]The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of PSUs. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
  • [F4]The stock option is fully vested and currently exercisable.
  • [F5]The stock option vests in four equal annual installments beginning on November 27, 2022.
  • [F6]The stock option vests in three equal annual installments beginning on August 15, 2025.
  • [F7]The stock options vest in four annual equal installments beginning on March 10, 2024.
  • [F8]The stock option vests in four equal annual installments beginning on March 4, 2025.
  • [F9]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.
Signature
/s/ Alison Klein, attorney-in-fact for Charles van Es|2026-02-26

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT