BAKER COREY 4
4 · Vita Coco Company, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Vita Coco (COCO) CFO Corey Baker Withholds 1,978 Shares for Taxes ($109K)
What Happened
- Corey Baker, Chief Financial Officer of Vita Coco Company, had 1,978 shares withheld by the company to satisfy tax withholding obligations in connection with the vesting/settlement of restricted stock units (RSUs). The withholding occurred on 2026-03-05 at a reported price of $55.17 per share: 1,327 shares withheld for $73,217 and 651 shares withheld for $35,919, for a combined value of $109,136.
- This was a mandatory withholding to cover taxes (transaction code F), not an open-market sale or discretionary trade.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-09 (filed timely).
- Price per share: $55.17.
- Shares withheld: 1,327 and 651 (total 1,978); total value $109,136.
- Shares owned after transaction: Not specified in the provided filing details.
- Notable footnotes: F1 clarifies the disposition was shares withheld to cover tax withholding obligations and was mandated by the issuer (not discretionary). Other footnotes (F2–F5) in the filing describe vesting schedules for related option/award grants.
Context
- Withholding to cover taxes is a routine, administrative action when RSUs vest. It is different from a voluntary sale and does not necessarily indicate the insider’s view on the stock.
- For retail investors, purchases and open-market insider buys tend to be more informative than mandatory withholdings; this filing documents compensation-related withholding rather than a market-directed trade.
Insider Transaction Report
Form 4
BAKER COREY
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-03-05$55.17/sh−1,327$73,217→ 41,828 total - Tax Payment
Common Stock
[F1]2026-03-05$55.17/sh−651$35,919→ 41,177 total
Holdings
- 9,205
Non-Qualified Stock Option (Right to Buy)
[F2]Exercise: $16.91Exp: 2033-03-10→ Common Stock (9,205 underlying) - 13,481
Non-Qualified Stock Option (Right to Buy)
[F3]Exercise: $24.35Exp: 2033-05-10→ Common Stock (13,481 underlying) - 8,746
Non-Qualified Stock Option (Right to Buy)
[F4]Exercise: $26.18Exp: 2034-03-04→ Common Stock (8,746 underlying) - 11,547
Non-Qualified Stock Option (Right to Buy)
[F3]Exercise: $27.59Exp: 2033-08-07→ Common Stock (11,547 underlying) - 13,218
Non-Qualified Stock Option (Right to Buy)
[F5]Exercise: $33.36Exp: 2035-03-04→ Common Stock (13,218 underlying)
Footnotes (5)
- [F1]The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
- [F2]The stock option vests in four equal annual installments beginning on March 10, 2024.
- [F3]The stock option is vested as to 40% and will vest the remaining 30% on March 10, 2025, 20% on March 10, 2026 and 10% on March 10, 2027.
- [F4]The stock option vests in four equal annual installments beginning on March 4, 2025.
- [F5]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 Corey Baker|2026-03-06