Allen Herbert A III 4

What Happened

• Allen Herbert A III, a director of The Coca‑Cola Company (KO), was credited with 4,089.17 phantom share units on 2026-04-01 as an award under the company's Directors' Plan. The filing lists an economic value of $75.81 per unit, totaling $310,000. This was an award/credit (derivative), not an open-market purchase.

Key Details

• Transaction date and price: 2026-04-01; 4,089.17 units at $75.81 each (total $310,000).
• Transaction type: Award/grant of phantom share units (derivative) under The Coca‑Cola Company Directors' Plan.
• Settlement: Phantom units are settled in cash after the director leaves the board (the later of Jan 15 following departure or six months after departure).
• Economic equivalence: Each phantom unit is economically equivalent to one share of common stock.
• Shares owned after transaction: The filing does not state total common shares owned by Mr. Allen following this credit.
• Notable footnotes:
  • F2: Some shares are held by Allen & Company LLC; Mr. Allen disclaims beneficial ownership except for his pecuniary interest.
  • F4–F6: Units were credited as 2026 compensation under the Directors' Plan, include possible voluntary deferrals and accrued phantom dividends, and are cash-settled per the plan terms.
  • F1: Exhibit includes a Power of Attorney (Exhibit 24).

Context

• These are director compensation awards (phantom share units), a common non‑purchase way companies pay board members. They are derivative/cash‑settled and do not necessarily indicate a personal cash investment or immediate share purchases.