COCA COLA CO·4

Mar 2, 11:15 AM ET

CHANG LISA 4

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Coca-Cola (KO) EVP Lisa Chang Receives 39,517-Share Award

What Happened
Lisa Chang, Executive Vice President of The Coca‑Cola Company (KO), was credited with 39,517 derivative shares on February 26, 2026. The Form 4 reports the acquisition as an award/grant at $0.00 per share (derivative instrument) — the shares were credited to her account under the company 401(k) plan (footnote F1). The filing also notes stock options were granted the same day under the 2024 Equity Plan with a four‑year vesting schedule (footnote F2).

Key Details

  • Transaction date and type: 2026-02-26 — Grant/Award (derivative), 39,517 shares, $0.00 per share (Form shows acquisition value $0).
  • Shares owned after transaction: Not specified in the filing (footnote F5 notes information is "as of February 26, 2026").
  • Notable footnotes: F1 = shares credited to her 401(k); F2 = options granted with vesting 1/4 each year on 2/26/27, 2/29/28, 2/28/29, 2/28/30; F3 = each hypothetical share equals one common share; F4 = no applicable data; F5 = as of 2/26/2026.
  • Filing timeliness: Form filed on March 2, 2026 (accession date), which appears to be after the standard two‑business‑day Form 4 deadline for a Feb 26 transaction.

Context
These credited "hypothetical" or derivative shares were posted to a 401(k) plan account — a compensation/benefit event rather than an open‑market purchase or sale. The filing also documents a separate option grant with a four‑year vesting schedule; neither event alone implies insider buying or selling intent.