BAKER COREY 4

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.