COO Jonathan Burth sold 30,000 COCO shares at $80.00 for $2.4M on 2026-06-11; stock now $80.90, near 52-week high.
Jonathan Burth's sale of 30,000 shares on 2026-06-11 was executed under a pre-arranged 10b5-1 trading plan, meaning the transaction was scheduled, not discretionary. His non-derivative holdings fell from 87.9K to 57.9K shares, yet he retains 34,525 shares through non-qualified stock options, so his overall economic position remains substantial. The stock has since risen to $80.90, only -1.7% from the 52-week high of $82.33. Across his prior five same-ticker sales at COCO, the stock advanced 4.9% to 20.2% within 30 days after each trade, though his cross-ticker track record shows an average 90-day return of +3.2% following prior sales. The company reported revenue of $179.8M and net income of $30.5M in the latest quarter, with annual revenue growth of +18.2%, supporting a $4.6B market cap.