Burth Jonathan 4

What Happened
Jonathan Burth, COO of Vita Coco (COCO), had 818 shares disposed on March 11, 2026 as a tax-withholding action tied to equity vesting. The shares were valued at $54.91 each, for a total cash-equivalent of about $44,916. This was a mandatory withholding to cover tax obligations — not an open-market sale reflecting a change in sentiment.

Key Details

• Transaction date and price: March 11, 2026 — 818 shares at $54.91 per share (total ~$44,916).
• Transaction code: F — payment of exercise price or tax liability; filing footnote F1 specifies shares were withheld to cover tax withholding for vested RSUs and was mandated by the issuer (not discretionary).
• Shares owned after transaction: Not specified in this filing.
• Filing timeliness: Form filed March 12, 2026 (next day) — appears timely under Form 4 rules.
• Other footnotes in the filing (F2–F9) detail various option grant vesting schedules and prior tranche vestings but are not the direct cause of this withholding disclosure.

Context
This was a cashless/withholding-style disposal to satisfy tax obligations on vested equity (common procedure) rather than a voluntary open‑market sale. Such withholdings are routine and typically do not signal insider confidence or concern about the company’s outlook.