van Es Charles 4
Research Summary
AI-generated summary
Vita Coco (COCO) CCO Charles van Es Sells 2,000 Shares
What Happened
Charles van Es, Chief Commercial Officer of Vita Coco Company, Inc. (COCO), sold 2,000 shares of common stock on March 16, 2026 at $57.98 per share, generating proceeds of $115,960. The sale is reported as transaction code S (sale) and was effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-16; Price: $57.98 per share; Shares sold: 2,000; Proceeds: $115,960.
- Method: Open market or private sale (reported as open market/private sale).
- Plan/footnote: Sale effected under a Rule 10b5-1 trading plan (Footnote F1).
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing: Form 4 filed 2026-03-18 for the 3/16/2026 transaction (appears timely based on the filing date).
- Additional footnotes in the filing note various stock option grants and vesting schedules (F2–F8); notably, a performance-based option vested for 14,025 shares on February 20, 2026 (F5).
Context
A sale under a 10b5-1 plan typically reflects a pre-established trading arrangement and is generally considered routine—such transactions do not, by themselves, indicate management’s current view of the company’s prospects. The filing also includes multiple footnotes about option grants and vesting schedules; those items are separate disclosures and do not necessarily relate to this particular sale.