Roper Martin 4
4 · Vita Coco Company, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Vita Coco (COCO) CEO Roper Martin Sells 5,363 Shares
What Happened Roper Martin, CEO of Vita Coco Company, Inc. (COCO), had 5,363 shares withheld and disposed of on March 5, 2026 to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs). The shares were valued at $55.17 each, for a total of $295,904. This was a mandated tax-withholding disposition (transaction code F), not a discretionary open-market sale.
Key Details
- Transaction date: March 5, 2026; Form 4 filed: March 9, 2026 (timely).
- Shares disposed: 5,363 at $55.17 per share; total value about $295,904.
- Transaction type: F — shares withheld to satisfy tax withholding on RSU vesting (issuer-mandated).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 confirms the withholding was mandatory for tax purposes. Other footnotes (F2–F4) reference family trusts and F5–F9 list option vesting schedules included in the filing.
Context Share withholding to cover taxes on vested RSUs is a common, routine corporate practice and does not necessarily indicate the insider’s view of the company’s prospects. Because this was a tax-withholding (net settlement) of RSUs rather than an open-market sale, it should be interpreted differently than a voluntary sale by the insider.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-05$55.17/sh−5,363$295,904→ 298,484 total
- 215,631(indirect: by Chris Roper FT)
Common Stock
[F2] - 216,131(indirect: by Peter Roper FT)
Common Stock
[F3] - 216,131(indirect: by Thomas Roper FT)
Common Stock
[F4] - 41,200(indirect: By Spouse)
Common Stock
- 579,670
Non-Qualified Stock Option (Right to Buy)
[F5]Exercise: $10.18Exp: 2029-09-19→ Common Stock (579,670 underlying) - 40,950
Non-Qualified Stock Option (Right to Buy)
[F5]Exercise: $10.18Exp: 2031-01-11→ Common Stock (40,950 underlying) - 298,507
Non-Qualified Stock Option (Right to Buy)
[F6]Exercise: $15.00Exp: 2031-10-21→ Common Stock (298,507 underlying) - 46,875
Non-Qualified Stock Option (Right to Buy)
[F7]Exercise: $16.91Exp: 2033-03-10→ Common Stock (46,875 underlying) - 185,133
Non-Qualified Stock Option (Right to Buy)
[F5]Exercise: $16.91Exp: 2033-03-10→ Common Stock (185,133 underlying) - 62,743
Non-Qualified Stock Option (Right to Buy)
[F8]Exercise: $26.18Exp: 2034-03-04→ Common Stock (62,743 underlying) - 70,715
Non-Qualified Stock Option (Right to Buy)
[F9]Exercise: $32.78Exp: 2035-03-03→ Common Stock (70,715 underlying)
Footnotes (9)
- [F1]The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
- [F2]These shares are held by the Christopher G. Roper Exempt Family Trust.
- [F3]These shares are held by the Peter S. Roper Exempt Family Trust.
- [F4]These shares are held by the Thomas L. Roper Exempt Family Trust.
- [F5]The stock option is fully vested and currently exercisable.
- [F6]The stock option vests in four equal annual installments beginning on November 27, 2022.
- [F7]The stock option vests in four equal annual installments beginning on March 10, 2024.
- [F8]The stock option vests in four equal annual installments beginning on March 4, 2025.
- [F9]The stock option vests in four equal annual installments beginning on March 3, 2026.