QUAN NANCY 4
4 · COCA COLA CO · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Coca-Cola (KO) EVP Nancy Quan Exercises Options and Sells Shares
What Happened
Nancy Quan, Executive Vice President of The Coca‑Cola Company, exercised 31,625 stock options (exercise price $45.44) on May 15, 2026, paying roughly $1,436,882 to acquire the shares, and then sold those 31,625 shares in the open market for gross proceeds of about $2,559,519 (weighted average sale price $80.93). The filing also reports a related derivative disposition recorded at $0 (administrative entry).
Key Details
- Transaction dates: May 15, 2026 (exercise and sale). Filing date: May 19, 2026 (appears timely under the two‑business‑day Form 4 rule).
- Exercise price / cost: $45.44 per share; total cash paid ≈ $1,436,882.
- Sale price / proceeds: weighted average $80.93 per share (range $80.91–$80.97 per footnote F1); total proceeds ≈ $2,559,519.
- Shares involved: 31,625 shares exercised and 31,625 shares sold.
- Shares owned after transaction: not specified in the provided filing data.
- Notable footnotes: F1 explains the weighted average sale price and price range; F6 notes the options were granted Feb 21, 2019 under the 2014 Equity Plan with standard four‑year vesting; other footnotes reference 401(k) credits and how hypothetical shares are counted.
Context
This was an exercise of previously granted options followed by an immediate open‑market sale (a cashless or same‑day sell pattern), which is common for executives monetizing vested option grants. The filing includes routine administrative derivative reporting and vesting/grant details; it does not, by itself, indicate the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock, $.25 Par Value
2026-05-15$45.44/sh+31,625$1,436,882→ 254,955 total - Sale
Common Stock, $.25 Par Value
[F1]2026-05-15$80.93/sh−31,625$2,559,519→ 223,330 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F6]2026-05-15−31,625→ 0 totalExercise: $45.44Exp: 2029-02-21→ Common Stock, $.25 Par Value (31,625 underlying)
- 5,888(indirect: By 401(k))
Common Stock, $.25 Par Value
[F2] - 11,838(indirect: By 401(k))
Hypothetical Shares
[F3][F4][F5]→ Common Stock, $.25 Par Value (11,838 underlying)
Footnotes (6)
- [F1]The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $80.91 to $80.97. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F2]Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of May 15, 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 May 15, 2026.
- [F6]Options (with tax withholding right) granted on February 21, 2019 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.