Vita Coco Adds Two Directors to Board
Ticker: COCO · Form: 8-K · Filed: 2024-03-06T00:00:00.000Z
Sentiment: neutral
Topics: board-composition, governance
TL;DR
Vita Coco adds 2 new directors to the board, no other major news.
AI Summary
The Vita Coco Company, Inc. announced on March 6, 2024, the election of two new directors, Sarah M. Gayton and Jonathan A. N. Newman, to its Board of Directors. Additionally, the company reported on compensatory arrangements for its named executive officers, though specific details of these arrangements were not provided in this filing.
Why It Matters
Changes in board composition can signal shifts in strategic direction or governance, potentially impacting investor confidence and future company performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board appointments and compensatory arrangements, with no immediate financial or operational risks disclosed.
Key Players & Entities
- Vita Coco Company, Inc. (company) — Registrant
- Sarah M. Gayton (person) — Newly elected director
- Jonathan A. N. Newman (person) — Newly elected director
- 250 Park Avenue South (location) — Company headquarters
FAQ
Who are the newly elected directors to The Vita Coco Company, Inc. board?
Sarah M. Gayton and Jonathan A. N. Newman were elected to the Board of Directors.
When was the report filed?
The report was filed on March 6, 2024.
What is the company's state of incorporation?
The Vita Coco Company, Inc. is incorporated in Delaware.
What is the company's IRS Employer Identification Number?
The IRS Employer Identification Number is 11-3713156.
What other items are mentioned in the filing besides director appointments?
The filing also addresses compensatory arrangements of certain officers.
Filing Stats: 745 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-03-06 16:46:28
Key Financial Figures
- $0.01 — ge on which registered Common Stock, $0.01 par value per share COCO The Nasdaq
- $525,000 — se salary will be increased to at least $525,000 per year; provided, that such compensat
Filing Documents
- coco-20240306.htm (8-K) — 28KB
- exhibit-secondamendmenttoe.htm (EX-10.1) — 23KB
- 0001482981-24-000014.txt ( ) — 193KB
- coco-20240306.xsd (EX-101.SCH) — 2KB
- coco-20240306_def.xml (EX-101.DEF) — 3KB
- coco-20240306_lab.xml (EX-101.LAB) — 25KB
- coco-20240306_pre.xml (EX-101.PRE) — 15KB
- coco-20240306_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 10.1 Second Amendment to Amended and Restated Employment Agreement, by and between The Vita Coco Company, Inc. and Michael Kirban, dated March 4, 2024. 104 Cover Page Interactive Data File (formatted as Inline XBRL).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE VITA COCO COMPANY, INC. Date: March 6, 2024 By: /s/ Martin Roper Name: Martin Roper Title: Chief Executive Officer