QUAN NANCY 4
4 · COCA COLA CO · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Coca-Cola (KO) EVP Nancy Quan Withholds 15,635 Shares for Taxes
What Happened
Nancy Quan, Executive Vice President of The Coca‑Cola Company (KO), had 15,635 shares withheld on February 27, 2026 to satisfy tax liabilities related to the vesting of performance share units. The withholding was recorded at $80.50 per share, a total value of approximately $1,258,618. This was a tax-withholding disposition (code F), not an open‑market sale.
Key Details
- Transaction date: 2026-02-27; Filing date: 2026-03-03 (timely filing).
- Shares withheld/disposed: 15,635 at $80.50 per share; total ≈ $1,258,618.
- Transaction code: F (shares withheld to satisfy tax liabilities upon PSU vesting).
- Footnote: Withholding relates to performance share units issued Feb 19, 2026 under the 2023–2025 PSU program (F1).
- Additional notes in filing: shares credited to Quan’s 401(k) account as of Feb 26, 2026 (F2); other footnotes clarify hypothetical-share equivalence and dates (F3–F5).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a routine tax-withholding event tied to PSUs vesting, not a discretionary sale in the open market. Such withholdings are common when restricted or performance shares vest and generally do not indicate a change in the insider’s market view.
Insider Transaction Report
- Tax Payment
Common Stock, $.25 Par Value
[F1]2026-02-27$80.50/sh−15,635$1,258,618→ 246,886 total
- 5,727(indirect: By 401(k))
Common Stock, $.25 Par Value
[F2] - 11,318(indirect: By 401(k))
Hypothetical Shares
[F3][F4][F5]→ Common Stock, $.25 Par Value (11,318 underlying)
Footnotes (5)
- [F1]Represents shares withheld to satisfy tax liabilities upon the vesting of performance share units issued on February 19, 2026 under the 2023-2025 performance share unit program.
- [F2]Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 26, 2026.
- [F3]Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
- [F4]There is no data applicable with respect to the hypothetical shares.
- [F5]As of February 26, 2026.