QUAN NANCY 4

What Happened
Nancy Quan, Executive Vice President of The Coca-Cola Company (KO), was awarded 39,191 shares on February 19, 2026. The Form 4 reports the transaction as an award/acquisition (code A) at $0.00 per share (total reported value $0). These shares represent common stock issuable upon vesting of performance share units under Coca-Cola’s 2023–2025 PSU program.

Key Details

• Transaction date: 2026-02-19; filing date: 2026-02-23 (timely filed).
• Reported transaction: Grant/Award of 39,191 shares at $0.00 (Form 4 shows $0 total).
• Vesting: These are performance share units that vest on February 27, 2026 (footnote F1).
• Additional footnotes: Shares credited to the reporting person’s 401(k) account noted as of Feb 19, 2026 (F2); each hypothetical share equals one common share (F3); no data for hypothetical shares (F4); as-of date Feb 19, 2026 (F5).
• Shares owned after the reported transaction are not specified in this filing.

Context
This was an award of PSUs (long-term incentive compensation), not an open-market purchase or sale. PSUs convert into actual shares only upon satisfaction of performance/vesting conditions (here, vesting is scheduled for 02/27/2026). Awards like this are common executive compensation and do not by themselves indicate immediate insider buying or selling intent.