---
schema_version: "secwatch.filing_event.v1"
accession: "0001482981-24-000014"
form_type: "8-K"
ticker: "COCO"
cik: "0001482981"
company_name: "Vita Coco Company, Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:34:38.721270+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Vita Coco extends Executive Chairman Michael Kirban's contract through 2027, boosts salary and bonus

## Summary
- Term extended to Dec 31, 2027; base salary raised to at least $525,000/year.
- Annual cash bonus increased to 100% of salary (from 80%); stretch bonus also raised to 100%.
- No termination without cause before Dec 31, 2026; later removal requires supermajority board vote.
- Kirban may elect part-time transition at his discretion; company cannot unilaterally move him to part-time.

## SEC filing metadata
- accession: 0001482981-24-000014
- form_type: 8-K
- ticker: COCO
- cik: 0001482981
- company_name: Vita Coco Company, Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482981/000148298124000014/0001482981-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482981/000148298124000014/coco-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482981-24-000014
- JSON: https://secwatch.observer/filing/0001482981-24-000014.json
- Plain text: https://secwatch.observer/filing/0001482981-24-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.