Burth Jonathan 4

What Happened
Jonathan Burth, Chief Operating Officer of Vita Coco Company, had a performance-based option vest as to 14,025 shares on February 20, 2026, resulting in acquisition of those shares at $16.91 each (value ≈ $237,163). To cover tax withholding related to the vesting/settlement, 2,163 shares were disposed on March 5, 2026 (1,458 shares and 705 shares), each at $55.17, producing proceeds of $80,445 and $38,898 respectively (total ≈ $119,343). The disposals were mandatory share-withholdings to satisfy tax obligations and are not discretionary sales.

Key Details

• Acquisition: 14,025 shares (derivative/vesting) on 2026-02-20 at $16.91 per share; reported value ≈ $237,163. (Footnote: vesting resulted from satisfaction of performance conditions.)
• Dispositions (tax withholding): 1,458 shares on 2026-03-05 at $55.17 = $80,445; 705 shares on 2026-03-05 at $55.17 = $38,898; total withheld/sold = 2,163 shares, ≈ $119,343. (Footnote: mandated by issuer to cover tax withholding.)
• Footnotes of note: F1 — withholding mandated by issuer for tax obligations; F2 — vesting due to satisfied performance conditions.
• Shares owned after the transactions are not specified in the provided filing.
• No late filing was indicated in the materials you provided.

Context
This was primarily a vesting/settlement of performance-based equity (a derivative grant) rather than an open-market purchase or a discretionary sale. The withholding/sale of 2,163 shares to cover taxes is a common, routine administrative step after vesting (often described as a cashless exercise or tax-withholding through share disposition) and does not on its own signal insider sentiment.