van Es Charles 4
Research Summary
AI-generated summary
Vita Coco (COCO) CCO Charles van Es Withholds 818 Shares
What Happened
- Charles van Es, Chief Commercial Officer of Vita Coco (COCO), had 818 shares withheld to cover tax withholding obligations related to the vesting/settlement of restricted stock units (RSUs). The withheld shares were reported as a disposition at a price of $54.91 per share, totaling $44,916 (transaction code F — tax withholding).
Key Details
- Transaction date: 2026-03-11; Filing date: 2026-03-12 (filed next day, timely).
- Disposition: 818 shares at $54.91/share, total value reported $44,916.
- Transaction code F indicates shares were withheld to cover tax obligations (mandatory, not a discretionary open‑market sale).
- Shares owned after the transaction: not specified in the Form 4 filing.
- Additional footnotes in the filing describe various option/RU vesting schedules; the withholding here is tied to RSU vesting (see footnote F1).
Context
- This was a tax-withholding disposition — a routine, issuer-mandated retention of shares to satisfy tax liabilities when RSUs vest. Such withholdings do not reflect a discretionary decision to sell shares and are common following equity award vesting.