A Vita Coco Insider Just Sold After a Near-Double. The Footnote Explains Why

2 hours ago 1

Seena Hassouna, The Motley Fool

Sun, May 3, 2026 astatine 4:23 PM CDT 4 min read

Vita Coco (NASDAQ:COCO) Executive Chairman Michael Kirban reported the indirect merchantability of 50,000 shares of communal banal for a full information of astir $3.40 million, according to a SEC Form 4 filing.

Transaction summary

Metric

Value

Shares sold (indirect)

50,000

Transaction value

$3.40 million

Post-transaction shares (direct)

143,799

Post-transaction shares (indirect)

1,994,730

Post-transaction worth (direct ownership)

$9.60 million

Transaction worth based connected SEC Form 4 reported terms ($68.00); post-transaction worth based connected May 1, 2026 marketplace adjacent ($66.75).

Key questions

  • What was the quality and operation of this sale?
    All 50,000 shares were sold from the Michael Kirban Revocable Trust, with nary shares sold from his nonstop holdings oregon the Michael Kirban 2010 Trust.

  • How does this transaction comparison to Michael Kirban’s humanities trading activity?
    The 50,000-share merchantability is supra Kirban’s humanities mean merchantability size of astir 33,100 shares, but is explained by the ample simplification successful wide disposable stock capacity, with holdings present little than 6% of their level 12 months ago.

  • What is the interaction connected full ownership and ongoing exposure?
    The merchantability reduced Kirban’s idiosyncratic holdings by 2.28%, leaving 2,138,529 communal shares (direct and indirect) remaining post-transaction, successful summation to 1,250,923 outstanding, unexercised banal options.

  • What discourse should beryllium considered astir the timing and valuation environment?
    The transaction occurred during a play of beardown stock terms momentum, with a 95.12% one-year instrumentality arsenic of May 1, 2026.

Company overview

Metric

Value

Revenue (TTM)

$658.62 million

Net income (TTM)

$82.91 million

Price (as of marketplace adjacent May 1, 2026)

$66.75

1-year terms change

95.12%

* 1-year show calculated utilizing May 1, 2026 arsenic the notation date.

Company snapshot

  • COCO offers coconut water, coconut oil, coconut milk, hydration portion mixes, sparkling water, plant-based vigor drinks, purified water, and protein-infused fittingness drinks nether aggregate marque names.

  • The institution operates an integrated exemplary encompassing merchandise development, marketing, and distribution, generating gross chiefly done income to retail, club, convenience, e-commerce, and foodservice channels.

  • Vita Coco targets health-conscious consumers successful the United States and planetary markets, with organisation crossed North America, Europe, the Middle East, and Asia Pacific.

Vita Coco is simply a starring supplier of coconut-based and functional beverage products, leveraging a diversified portfolio and planetary organisation network. Its strategy centers connected capitalizing connected user request for earthy hydration and wellness-focused beverages. The company’s scale, marque recognition, and multi-channel beingness supply a competitory vantage successful the non-alcoholic beverage sector.

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