May Erin L 4
Research Summary
AI-generated summary
Coca‑Cola (KO) SVP Erin L. May Receives RSU Award
What Happened
Erin L. May, Senior Vice President and Chief Accounting Officer of The Coca‑Cola Company (KO), was granted 7,440 restricted stock units (RSUs) on February 26, 2026. The award was reported at a grant price of $0.00 (no cash exchanged at grant). These RSUs vest 100% on February 28, 2029 and each hypothetical unit converts to one share of common stock upon vesting.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (filed within the standard 2 business‑day window).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 7,440 RSUs at $0.00 (grant value not reported on Form 4). Reported total value at grant shown as $0 on the filing.
- Vesting: 100% vesting on February 28, 2029 (footnote F1).
- Each hypothetical share equals one share of common stock (footnote F3).
- Footnotes: F2 notes shares credited to the reporting person’s account under the company 401(k) Plan as of Feb 26, 2026; F5 confirms dates as of Feb 26, 2026.
- Shares owned after transaction: Not specified in this filing.
Context
RSU grants are common long‑term compensation for executives and do not involve an immediate cash purchase or sale. Because these RSUs vest in the future, they do not represent immediately tradable shares; market impact is typically indirect and depends on future vesting and any subsequent sales. This filing appears timely (filed March 2 for a Feb 26 grant), and contains no indication of sales, option exercises, or tax‑withholding sales related to this award.