CHANG LISA 4
4 · COCA COLA CO · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Coca‑Cola (KO) EVP Lisa Chang Receives Award of 39,807 Shares
What Happened
Lisa Chang, Executive Vice President of The Coca‑Cola Company, was granted 39,807 performance-share units (PSUs) on Feb 19, 2026. The grant is recorded at $0.00 per share because these are performance-based awards that convert into common stock upon vesting; the PSUs vest on February 27, 2026.
Key Details
- Transaction date: 2026-02-19 (reported on Form 4 filed 2026-02-23). Filing appears timely.
- Transaction type: Award/Grant (code A). Price reported: $0.00.
- Shares/units granted: 39,807 PSUs. Each hypothetical share equals one share of common stock (per footnotes).
- Vesting: These PSUs vest on February 27, 2026 (footnote F1).
- Ownership after transaction: Not specified in the provided excerpt; the filing notes account crediting under the company 401(k) plan as of Feb 19, 2026 (footnote F2/F5).
- Footnotes: F1 explains PSUs are issuable common stock under the 2023–2025 PSU program; F3/F4 clarify hypothetical-share treatment; F2/F5 reference 401(k) credits and as‑of date.
Context
This was an equity compensation award (not a market purchase or sale). PSUs represent contingent future shares tied to performance/time and will only become actual shares if vesting and performance conditions are met; they do not represent immediate cash proceeds. Such grants are commonly part of executive pay and do not, by themselves, indicate insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock, $.25 Par Value
[F1]2026-02-19+39,807→ 134,483 total
- 3,215(indirect: By Spouse)
Common Stock, $.25 Par Value
- 5,394(indirect: By 401(k))
Common Stock, $.25 Par Value
[F2] - 5,126(indirect: By 401(k))
Hypothetical Shares
[F3][F4][F5]→ Common Stock, $.25 Par Value (5,126 underlying)
Footnotes (5)
- [F1]These shares represent common stock of The Coca-Cola Company issuable upon vesting of performance share units issued under the 2023-2025 performance share unit program. These performance share units vest on February 27, 2026.
- [F2]Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 19, 2026.
- [F3]Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
- [F4]There is no data applicable with respect to the hypothetical shares.
- [F5]As of February 19, 2026.