Vita Coco (COCO) CCO Charles van Es Withholds 10,801 Shares for Taxes

What Happened
Charles van Es, Chief Commercial Officer of Vita Coco Company, had 10,801 shares withheld by the company on August 15, 2026 to satisfy tax withholding obligations related to the vesting/settlement of restricted stock units. The shares were valued at $65.21 each, for a total disposition of approximately $704,333. This withholding is a mandatory, issuer-directed transaction and not an open-market sale by the insider.

Key Details

• Transaction date and type: 2026-08-15 — shares withheld to cover tax withholding (code F).
• Price and value: 10,801 shares × $65.21 = $704,333 (reported as disposed).
• Shares owned after transaction: not specified in this Form 4.
• Relevant footnotes: F1 states the disposition was mandated to cover tax withholding for RSU vesting (non-discretionary). Other footnotes (F2–F8) describe vesting schedules and option grants; F5 notes 14,025 option shares vested on Feb 20, 2026 after performance conditions were met.
• Filing: Form filed with accession date 2026-08-19 reporting the 8/15/2026 transaction.

Context
This was a tax-withholding event tied to equity vesting (common and routine) rather than a voluntary sale. Such withholdings reduce the insider’s net share count but do not necessarily signal buying or selling intent. The filing also references multiple option/vesting schedules for the reporting person; where relevant, those are governed by scheduled or performance-based vesting terms.