MURPHY JOHN 4
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Coca‑Cola (KO) President & CFO John Murphy Receives Award
What Happened John Murphy, President and Chief Financial Officer of The Coca‑Cola Company, was granted 130,633 performance share units (PSUs) on February 19, 2026. The grant is reported at $0.00 per share (no cash purchase); the PSUs represent common stock issuable upon vesting and will convert to shares if performance/vesting conditions are met on February 27, 2026. This is an award/compensation event rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-23 (timely filing).
- Transaction type/code: A — Grant/Award; 130,633 units acquired at $0.00.
- Vesting: These PSUs vest on February 27, 2026 (per filing footnote).
- Shares owned after transaction: The filing shows the grant of 130,633 PSUs; refer to the full Form 4 for total post‑transaction holdings as of Feb 19, 2026.
- Notable footnotes: F1 (PSUs issued under 2023–2025 PSU program; vest Feb 27, 2026); F2–F4/F6 provide plan, dividend reinvestment and accounting clarifications.
- Economic impact: No cash paid at grant; eventual value depends on Coca‑Cola’s stock price when/if the PSUs vest and convert.
Context This filing documents a compensation award (performance share units) rather than a purchase or sale. PSUs are conditional equity awards that convert to shares only if performance and time‑based vesting conditions are met; they do not necessarily indicate an immediate change in ownership or intent to buy/sell stock.