Pietracci Bruno 4
Research Summary
AI-generated summary
Coca-Cola (KO) President Bruno Pietracci Receives 49,759-Share Award
What Happened
- Bruno Pietracci, President, Latin America Operating Unit of The Coca-Cola Company (KO), received a grant of 49,759 performance share units (coded as an award) on 2026-02-19. The filing reports $0.00 per share because these are PSUs issuable upon vesting rather than an open-market purchase or sale.
- The PSUs vest on February 27, 2026 and will convert into common stock upon vesting subject to the terms of the 2023–2025 performance share unit program.
Key Details
- Transaction date: 2026-02-19; Reporting (Form 4) filed 2026-02-23 (timely).
- Reported price: $0.00 (award/grant of PSUs; no cash paid).
- Number of PSUs granted: 49,759; vesting date: 2026-02-27 (per footnote).
- Shares held after transaction: not specified in the provided filing details.
- Footnote highlights:
- F1: These are performance share units under the 2023–2025 PSU program and will be issuable as common stock upon vesting on 2/27/2026.
- F2: The shares will be held by a corporation in which the reporting person and his spouse hold 100% of the economic interest and over which he has investment control.
Context
- This is an award/grant of long-term incentive compensation (PSUs), not an open-market buy or sale. Such awards are common as part of executive compensation and do not by themselves signal a purchase or sale decision by the insider.
- No indication of a cashless exercise, sale, or tax-withholding disposition in this filing; the transaction is a grant that results in issuable shares only if vesting and performance conditions are met.