BAKER COREY 4
Research Summary
AI-generated summary
Vita Coco (COCO) CFO Corey Baker Sells 2,000 Shares
What Happened Corey Baker, Chief Financial Officer of Vita Coco Company, sold 2,000 shares of common stock on March 19, 2026, at $55.45 per share for total proceeds of $110,900. The transaction is reported as a sale (S) and was effected pursuant to a Rule 10b5-1 trading plan, indicating the trades were pre-planned rather than ad hoc.
Key Details
- Transaction date and price: 2026-03-19 — 2,000 shares at $55.45 each (total $110,900).
- Transaction type: Sale (open market/private sale) under a Rule 10b5-1 plan (Footnote F1).
- Filing date: Form 4 filed 2026-03-23 reporting the 3/19/2026 trade — this filing date is within the typical two business‑day Form 4 window and appears timely.
- Shares owned after transaction: Not disclosed in the information provided in this summary.
- Additional footnotes: The filing includes multiple footnotes (F2–F5) describing outstanding stock option grants with staggered vesting schedules (vesting beginning March 2024 and through 2027); these relate to option holdings rather than the reported sale.
Context Sales under a 10b5-1 plan are generally pre-established trading arrangements and are often considered routine liquidity events rather than signals of new insider sentiment. For retail investors, purchases are typically more informative than routine plan-driven sales; this entry documents a planned disposition of shares by the CFO.