Vita Coco CEO Sells $1.25 Million Worth of Company Shares
Vita Coco's CEO, Martin Roper, sold 25,000 shares of the company's stock for $1.25 million, as reported in a SEC Form 4 filing. The transaction was executed under a pre-established Rule 10b5-1 plan and occurred amid a 52.48% stock price increase over the past year. The sale reduces Roper's direct equity position but does not affect his indirect holdings through family trusts.
Tickers: $COCO
Topics: executive share sales investor implications SEC filings stock options Vita Coco