MANN JENNIFER K 4
Research Summary
AI-generated summary
Coca-Cola (KO) EVP Jennifer K. Mann Receives 122,012-Share Award
What Happened
- Jennifer K. Mann, Executive Vice President of The Coca‑Cola Company, was credited with 122,012 shares under the company's 401(k) plan on February 26, 2026. The Form 4 reports the acquisition as an award/credit (code A) at $0.00 per share (derivative reporting).
- The filing also notes that options were granted to Ms. Mann on the same date under The Coca‑Cola Company 2024 Equity Plan; those options vest one-fourth on each of Feb 26, 2027; Feb 29, 2028; Feb 28, 2029; and Feb 28, 2030. No cash was paid for the 401(k) credit as reported.
Key Details
- Transaction date: February 26, 2026 (reported on Form 4 filed March 2, 2026).
- Shares credited: 122,012; reported acquisition price: $0.00 (derivative/award).
- Options footnote: Options granted on same date with a four-year, annual vesting schedule (see dates above); tax withholding rights apply to those options.
- Hypothetical-share note: Each hypothetical share equals one common share (per filing footnotes); the filing indicates no additional data for hypothetical shares.
- Ownership after transaction: The Form 4 does not disclose a total "shares owned after transaction" figure in the provided data.
- Timeliness: Filed March 2, 2026 — appears to be within the required two business days after the Feb 26 transaction date (timely).
Context
- This was an award/401(k) credit, not an open-market purchase or sale — awards credited to retirement plans are generally administrative/compensation-related and do not by themselves signal insider buying or selling intent.
- The separately noted option grant vests over four years; unless exercised and sold, option grants are not immediate stock sales.