Sadowsky Kenneth 4
4 · Vita Coco Company, Inc. · Filed Jun 18, 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, Inc. (COCO), sold 3,900 shares of common stock on June 17, 2026. The shares were disposed in open-market transactions for a weighted average price of $82.92, producing total proceeds of approximately $323,372. This sale was effected pursuant to a pre-established Rule 10b5-1 trading plan and is a routine insider sale rather than a purchase (not a bullish signal).
Key Details
- Transaction date: 2026-06-17; Form 4 filed: 2026-06-18 (timely filing)
- Transaction type/code: Sale (S); effected under a Rule 10b5-1 plan (Footnote F1)
- Shares sold: 3,900; weighted avg. price: $82.92; total proceeds: ~$323,372
- Price range: shares sold in multiple trades at $82.19 to $83.69 (Footnote F2)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Additional note: Footnote F3 states a stock option is fully vested and currently exercisable (disclosed by the reporting person)
Context
Sales under Rule 10b5-1 plans are pre-arranged and commonly used to avoid trading on material nonpublic information; they are procedural and do not necessarily reflect the director’s view of the company. For retail investors, purchases tend to be more informative than routine sales, but tracking these disclosures can show insiders’ ongoing portfolio activity.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-17$82.92/sh−3,900$323,372→ 580,296 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 $82.19 to $83.69, 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.