COCA COLA CO·4

Feb 23, 2:09 PM ET

Ortega Luisa 4

Research Summary

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Updated

Coca-Cola (KO) Europe President Luisa Ortega Receives Award

What Happened

  • Luisa Ortega, Europe OU President of The Coca‑Cola Company, was granted 26,870 shares (reported as an award/acquisition) on 2026-02-19. The filing reports an acquisition price of $0.00 (award), so no cash changed hands at grant.

Key Details

  • Transaction date: 2026-02-19 (reported on Form 4 filed 2026-02-23).
  • Reported price: $0.00 (award/grant; transaction code A).
  • Quantity: 26,870 shares (performance-share units).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: These represent common stock issuable upon vesting of performance-share units under the 2023–2025 PSU program; vesting date is February 27, 2026.
  • Timeliness: Form 4 was filed on 2026-02-23 (within the standard reporting window for a 2026-02-19 transaction).

Context

  • These are performance-share units (PSUs): conditional awards that convert to actual shares only if performance and vesting conditions are met. The reported $0 value reflects that this is a grant, not a market purchase. Awards like this are common executive compensation and do not by themselves signal a buy/sell decision by the insider.