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COCA COLA CO·4

Feb 27, 12:04 PM ET

Perez Beatriz R 4

4 · COCA COLA CO · Filed Feb 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Coca‑Cola (KO) EVP Beatriz Perez Exercises Options, Sells Shares

What Happened Beatriz R. Perez, Executive Vice President of The Coca‑Cola Company, exercised a total of 36,326 option-derived shares (15,000 on Feb 25 and 21,326 on Feb 26) and concurrently sold the same 36,326 shares in open‑market transactions. The exercises cost about $1.63M in aggregate (listed as $681,525 and $948,474), and the sales generated gross proceeds of about $2.93M (listed as $1,209,000 and $1,722,075). The filing also shows a grant/award of 39,517 derivative shares on Feb 26 and certain derivative disposals at $0 (likely tax withholding).

Key Details

  • Transaction dates and prices:
    • Feb 25, 2026: Exercised 15,000 shares @ $45.44 (acquired, $681,525) and sold 15,000 shares @ $80.60 (disposed, $1,209,000).
    • Feb 26, 2026: Exercised 21,326 shares @ $44.48 (acquired, $948,474) and sold 21,326 shares @ $80.75 (disposed, $1,722,075).
    • Feb 25, 2026: Disposal of 15,000 derivative shares @ $0 (likely tax withholding).
    • Feb 26, 2026: Grant/award of 39,517 derivative shares @ $0 (acquired) and disposal of 21,326 derivative shares @ $0 (likely tax withholding).
  • Aggregate amounts: total sale proceeds ≈ $2,931,075; total exercise cost ≈ $1,629,999; net difference ≈ $1,301,076 (approx).
  • Grants and vesting: Footnotes indicate the exercised options were from prior option grants (see F2/F4), and the Feb 26, 2026 grant is under the 2024 Equity Plan with vesting schedules noted in the filing (F3).
  • Other items: Shares credited to the reporting person under the Company 401(k) Plan are noted (F1). Footnote F5 clarifies each hypothetical share equals one common share; F7 references the filing date context (as of Feb 26, 2026).
  • Timeliness: The Form 4 was filed Feb 27, 2026 for transactions on Feb 25–26, 2026 — the filing appears timely (no late‑filing indication in the provided data).

Context

  • This pattern — exercising options and immediately selling the resulting shares — is commonly a cashless exercise to realize gains, cover exercise costs and tax withholding; the filing shows separate zero‑price disposals consistent with shares withheld for taxes. The new grant of 39,517 derivative shares/options will vest per the schedule in the filing (see F3). These transactions are routine insider liquidity events and are factual disclosures of trades, not statements of future company performance.

Insider Transaction Report

Form 4
Period: 2026-02-25
COCA COLA COKO
Perez Beatriz R
Executive Vice President
Transactions
  • Exercise/Conversion

    Common Stock, $.25 Par Value

    2026-02-25$45.44/sh+15,000$681,525→ 188,728 total
  • Sale

    Common Stock, $.25 Par Value

    2026-02-25$80.60/sh−15,000$1,209,000→ 173,728 total
  • Exercise/Conversion

    Common Stock, $.25 Par Value

    2026-02-26$44.48/sh+21,326$948,474→ 195,054 total
  • Sale

    Common Stock, $.25 Par Value

    2026-02-26$80.75/sh−21,326$1,722,075→ 173,728 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F2]
    2026-02-25−15,000→ 30,681 total
    Exercise: $45.44Exp: 2029-02-21→ Common Stock, $.25 Par Value (15,000 underlying)
  • Award

    Employee Stock Option (Right to Buy)

    [F3]
    2026-02-26+39,517→ 39,517 total
    Exercise: $80.45Exp: 2036-02-26→ Common Stock, $.25 Par Value (39,517 underlying)
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F4]
    2026-02-26−21,326→ 21,326 total
    Exercise: $44.48Exp: 2028-02-15→ Common Stock, $.25 Par Value (21,326 underlying)
Holdings

  • Common Stock, $.25 Par Value

    [F1]
    (indirect: By 401(k))
    24,200

  • Hypothetical Shares

    [F5][F6][F7]
    (indirect: By 401(k))
    → Common Stock, $.25 Par Value (12,462 underlying)
    12,462
Footnotes (7)
  • [F1]Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 26, 2026.
  • [F2]Options (with tax withholding right) granted on February 21, 2019 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.
  • [F3]Options (with tax withholding right) granted on February 26, 2026 under The Coca-Cola Company 2024 Equity Plan. One fourth of grant becomes exercisable on each of February 26, 2027, February 29, 2028, February 28, 2029 and February 28, 2030.
  • [F4]Options (with tax withholding right) granted on February 15, 2018 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.
  • [F5]Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
  • [F6]There is no data applicable with respect to the hypothetical shares.
  • [F7]As of February 26, 2026.
Signature
/s/ Beatriz R. Perez|2026-02-26

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT