Braun Henrique 4

What Happened

• Henrique Braun, Chief Operating Officer of The Coca‑Cola Company (KO), was credited with 65,317 shares on Feb 19, 2026 as an award (transaction code A) at $0.00. These represent common stock issuable upon vesting of performance share units granted under the company's 2023–2025 performance share unit program; the units vest on Feb 27, 2026.
• This was a compensation award (not an open‑market purchase or sale), so it reflects equity compensation rather than an insider buying or selling stock.

Key Details

• Transaction date: Feb 19, 2026; Form 4 filed Feb 23, 2026 (appears timely).
• Shares involved: 65,317; acquisition price reported $0.00 (award of PSUs).
• Vesting: These PSUs vest and convert to common stock on Feb 27, 2026 (per footnote).
• Footnotes: F1 = shares issuable upon vesting of 2023–2025 PSUs; F2 notes shares credited under the company 401(k) as of Feb 19, 2026; F3 = each hypothetical share equals one common share; F4 = not applicable; F5 = as of Feb 19, 2026.
• Shares owned after the transaction / total beneficial ownership: not specified in this filing.

Context

• Performance share units (PSUs) are a form of long‑term compensation that convert to company stock only if performance and/or time-based vesting conditions are met; the ultimate value depends on Coca‑Cola’s share price at vesting and any performance adjustments.
• Because this was an award rather than a market purchase or sale, it should be viewed as compensation-related and not a direct signal of insider trading sentiment.