Burth Jonathan 4/A

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.