Burth Jonathan 4/A
4/A · Vita Coco Company, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Vita Coco (COCO) COO Jonathan Burth Receives Awards, PSUs Vest
What Happened
- Jonathan Burth, Chief Operating Officer of Vita Coco Company, had Performance Stock Units (PSUs) that vested on 2026-02-20, producing 5,914 shares (100% of target). The company withheld 3,271 of those shares to cover tax withholding, leaving Burth with 2,643 net shares from the PSU payout. On the same date he was reported as receiving a grant of 4,401 restricted stock units (RSUs) and a grant of 22,750 stock options (both reported at $0.00 per share as compensation awards). This Form 4 is an amended filing (filed 2026-02-26 for transactions dated 2026-02-20).
Key Details
- Transaction date(s): 2026-02-20 (reported via amended Form 4 filed 2026-02-26)
- Reported prices: $0.00 per share (non-cash awards / vesting)
- PSU vesting: 5,914 shares issued (100% payout of March 10, 2023 PSU grant) — F2
- Tax withholding: 3,271 shares withheld by issuer to satisfy tax obligations (non-discretionary) — F3
- New grants: 4,401 RSUs (vest over 4 annual installments) — F1; 22,750 stock options (derivative grant; vesting schedule applies) — F9 (plus related vesting footnotes F4–F8)
- Shares owned after transaction: not disclosed in the provided data
- Filing status: Amended Form 4 submitted; no separate timeliness flag provided in the data
Context
- The PSU entry reflects a performance-based award converting into shares; the withholding of shares to cover taxes is a routine, mandatory (non-discretionary) action and not a market sale by the insider. The RSU and option entries are grants subject to future vesting (standard executive compensation schedules), not open-market purchases. These types of compensation events are common and do not by themselves indicate a buy/sell signal from the insider.
Insider Transaction Report
Form 4/AAmended
Burth Jonathan
Chief Operating Officer
Transactions
- Award
Common Stock
[F1]2026-02-20+4,401→ 78,248 total - Exercise/Conversion
Common Stock
[F2]2026-02-20+5,914→ 84,162 total - Tax Payment
Common Stock
[F3]2026-02-20−3,271→ 80,891 total - Exercise/Conversion
Performance Stock Units
[F2]2026-02-20−5,914→ 0 totalExercise: $0.00From: 2026-02-20→ Common Stock (5,914 underlying) - Award
Performance Options
2026-02-20+22,750→ 22,750 totalExercise: $10.18From: 2026-02-20Exp: 2030-02-10→ Stock Option (Right to Buy) (22,750 underlying)
Holdings
- 8,825
Non-Qualified Stock Option (Right to Buy)
[F4]Exercise: $10.18Exp: 2029-12-16→ Common Stock (8,825 underlying) - 182,950
Non-Qualified Stock Option (Right to Buy)
[F4]Exercise: $10.18Exp: 2030-02-10→ Common Stock (182,950 underlying) - 34,125
Non-Qualified Stock Option (Right to Buy)
[F4]Exercise: $10.18Exp: 2031-01-11→ Common Stock (34,125 underlying) - 58,043
Non-Qualified Stock Option (Right to Buy)
[F5]Exercise: $15.00Exp: 2031-10-21→ Common Stock (58,043 underlying) - 42,980
Non-Qualified Stock Option (Right to Buy)
[F6]Exercise: $15.36Exp: 2032-08-15→ Common Stock (42,980 underlying) - 14,205
Non-Qualified Stock Option (Right to Buy)
[F7]Exercise: $16.91Exp: 2033-03-10→ Common Stock (14,205 underlying) - 8,746
Non-Qualified Stock Option (Right to Buy)
[F8]Exercise: $26.18Exp: 2034-03-04→ Common Stock (8,746 underlying) - 13,218
Non-Qualified Stock Option (Right to Buy)
[F9]Exercise: $33.36Exp: 2035-03-04→ Common Stock (13,218 underlying)
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 option vests in four equal annual 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 Jonathan Burth|2026-02-26