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COCA COLA CO·4

Jun 8, 12:31 PM ET

Quincey James 4

4 · COCA COLA CO · Filed Jun 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Coca‑Cola (KO) Chairman Quincey James Exercises Options, Sells Shares

What Happened

  • Quincey James, Chairman and Director of The Coca‑Cola Company (KO), exercised a total of 444,296 option-derived shares (8,000 on 2026‑06‑04 and 436,296 on 2026‑06‑05) at an exercise price of $44.48, costing about $19.76M in total.
  • Those same shares were sold in open‑market transactions (8,000 on 2026‑06‑04 and 436,296 on 2026‑06‑05) for combined gross proceeds of about $35.60M (weighted average sale prices reported). The filing shows matching derivative disposals at $0 for the exercised shares (consistent with option exercise/withholding mechanics).

Key Details

  • Transaction dates: exercises 2026‑06‑04 and 2026‑06‑05; sales on the same dates. Form filed 2026‑06‑08.
  • Exercise details: 8,000 shares @ $44.48 = $355,800; 436,296 shares @ $44.48 = $19,404,265. Total exercise cost ≈ $19,760,065.
  • Sale details: 8,000 shares sold @ $80.00 (weighted) = $640,019; 436,296 shares sold @ $80.13 (weighted) = $34,959,133. Total proceeds ≈ $35,599,152.
  • Net proceeds (sales minus exercise cost) ≈ $15.84M.
  • Footnotes: Sales were effected under a Rule 10b5‑1 trading plan established March 5, 2026 (F1). Weighted average sale prices cover multiple trades and price ranges (F2, F3). Options were from a February 15, 2018 grant with tax‑withholding rights (F5); some derivative disposals at $0 reflect withholding/surrenders (F5/F?) consistent with exercise mechanics.
  • Shares owned after the transaction are not detailed in the excerpt; the filing notes ownership as of June 4, 2026 (F8).

Context

  • This is effectively a cashless exercise and immediate sale: options were exercised and the resultant shares were sold shortly thereafter, a common practice for executives exercising vested options to realize gains.
  • The sales were executed under a pre‑existing 10b5‑1 plan, which is a pre‑scheduled trading arrangement that can indicate routine, preplanned selling rather than opportunistic trades.
  • The filing is factual and does not indicate insider motive; purchases typically carry more interpretive weight than routine option exercises followed by planned sales.

Insider Transaction Report

Form 4
Period: 2026-06-04
COCA COLA COKO
Quincey James
DirectorChairman
Transactions
  • Exercise/Conversion

    Common Stock, $.25 Par Value

    2026-06-04$44.48/sh+8,000$355,800→ 130,833 total
  • Sale

    Common Stock, $.25 Par Value

    [F1][F2]
    2026-06-04$80.00/sh−8,000$640,019→ 122,833 total
  • Exercise/Conversion

    Common Stock, $.25 Par Value

    2026-06-05$44.48/sh+436,296$19,404,265→ 559,129 total
  • Sale

    Common Stock, $.25 Par Value

    [F1][F3]
    2026-06-05$80.13/sh−436,296$34,959,133→ 122,833 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F5]
    2026-06-04−8,000→ 436,296 total
    Exercise: $44.48Exp: 2028-02-15→ Common Stock, $.25 Par Value (8,000 underlying)
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F5]
    2026-06-05−436,296→ 0 total
    Exercise: $44.48Exp: 2028-02-15→ Common Stock, $.25 Par Value (436,296 underlying)
Holdings

  • Common Stock, $.25 Par Value

    [F4]
    (indirect: By 401(k))
    9,043

  • Hypothetical Shares

    [F6][F7][F8]
    (indirect: By 401(k))
    Exercise: $0.00→ Common Stock, $.25 Par Value (38,079 underlying)
    38,079
Footnotes (8)
  • [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 5, 2026.
  • [F2]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 $80.00 to $80.02. 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.
  • [F3]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 $80.00 to $80.39. 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.
  • [F4]Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of June 4, 2026.
  • [F5]Options (with tax withholding right) granted on February 15, 2018 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.
  • [F6]Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
  • [F7]There is no data applicable with respect to the hypothetical shares.
  • [F8]As of June 4, 2026.
Signature
/s/ James Quincey|2026-06-06

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT