Pietracci Bruno 4
Research Summary
AI-generated summary
Coca-Cola (KO) Bruno Pietracci Receives Equity Award
What Happened
Bruno Pietracci, President of Coca‑Cola's Latin America operating unit, was granted a derivative equity award on February 26, 2026 for 53,464 shares (reported as acquisition price $0.00). The Form 4 classifies the transaction as an award/grant (code A) — these are options or similar equity awards, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filed on time — within two business days).
- Award size: 53,464 shares (derivative); reported acquisition price $0.00.
- Vesting: One-fourth vests on each of Feb 26, 2027; Feb 29, 2028; Feb 28, 2029; and Feb 28, 2030 (per footnote).
- Footnote: Grants made under The Coca‑Cola Company 2024 Equity Plan; options include tax withholding rights.
- Shares owned after transaction: Not disclosed in this filing.
Context
This was a compensation grant (options/awards), which gives the holder the right to acquire shares in the future once vested and exercised. Grants are common executive compensation and do not by themselves indicate immediate buying or selling activity. No immediate sale or cashless exercise was reported.