Sadowsky Kenneth 4
4 · Vita Coco Company, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Vita Coco (COCO) Director Kenneth Sadowsky Sells 3,900 Shares
What Happened
Kenneth Sadowsky, a director of Vita Coco Company, sold 3,900 shares of the company's common stock in an open-market transaction on 2026-05-20. The weighted-average sale price was $77.47 per share for total proceeds of approximately $302,153. This was a sale (not a purchase) and therefore typically considered a routine insider disposition rather than a direct bullish signal.
Key Details
- Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-21).
- Transaction type: Sale (open market), total shares sold: 3,900.
- Price: Weighted average $77.47; individual sale prices ranged from $76.54 to $78.05.
- Total proceeds: ~$302,153.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Notable footnotes: (1) Sales were made pursuant to a Rule 10b5-1 trading plan; (2) reported price is a weighted average across multiple trades — reporting person will provide per-price detail on request; (3) filing notes a fully vested, exercisable option (not part of this sale).
- Timeliness: Filed the next day (appears timely under Form 4 requirements).
Context
A 10b5-1 plan indicates the trades were prearranged, which can limit inference about the director’s view of the company. Sales are common for insiders for diversification or liquidity needs; they do not necessarily reflect nonpublic information or future company performance. If you want ownership post-transaction or per-trade price breakdowns, the filer says they will supply that detail on request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-20$77.47/sh−3,900$302,153→ 582,666 total
- 27,300
Non-Qualified Stock Option (Right to Buy)
[F3]Exercise: $10.18Exp: 2030-01-02→ Common Stock (27,300 underlying)
Footnotes (3)
- [F1]The sales of shares of common stock reported were effected pursuant to a Rule 10b5-1 trading plan.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.54 to $78.05, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]The stock option is fully vested and currently exercisable.