Vita Coco Company, Inc.·4

Jun 5, 4:14 PM ET

Melloul Eric 4

Research Summary

AI-generated summary

Updated

Vita Coco (COCO) Director Eric Melloul Receives 1,530 RSUs

What Happened

  • Eric Melloul, a director of Vita Coco Company, Inc. (COCO), was granted 1,530 restricted stock units (RSUs) on 2026-06-03. The award was recorded at a grant value of $75.18 per share, totaling approximately $115,025. This was a compensatory grant (award/acquisition), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-06-03; Filing date: 2026-06-05 (filed within the Form 4 reporting window).
  • Grant size and price: 1,530 RSUs at $75.18 per RSU; total value ≈ $115,025.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnote: RSUs were granted under the 2021 Incentive Award Plan. They vest in full on the earlier of (i) the day before the next annual stockholders meeting after the grant or (ii) the first anniversary of the grant date, provided Melloul remains in continuous service. Each RSU represents the right to receive one share of COCO common stock upon vesting.

Context

  • RSU grants are a form of compensation and do not reflect an open-market buy or sell. They convert to actual shares only when they vest and any applicable tax-withholding requirements are satisfied. As a director-level award, this is routine corporate compensation rather than an immediate signal of insider buying or selling.