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COCA COLA CO·4

Jun 9, 11:50 AM ET

MANN JENNIFER K 4

4 · COCA COLA CO · Filed Jun 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Coca‑Cola (KO) EVP Jennifer Mann Exercises Options, Sells Shares

What Happened

  • Jennifer K. Mann, Executive Vice President of The Coca‑Cola Company, exercised stock options to acquire a total of 100,000 shares (80,820 + 19,180) on June 5, 2026 and sold those same shares in open‑market transactions the same day.
  • Exercise costs: 80,820 shares at $45.44 = $3,672,057; 19,180 shares at $59.48 = $1,140,922 (total exercise cash outlay $4,812,979).
  • Sale proceeds: 80,820 shares sold at a weighted average $79.46 = $6,422,038; 19,180 shares sold at a weighted average $79.46 = $1,524,035 (total proceeds $7,946,073). Net cash realized (proceeds minus exercise cost) ≈ $3.13M.
  • These transactions are sales (routine monetization) following option exercises — not an open‑market purchase.

Key Details

  • Date of transactions: June 5, 2026.
  • Sale price(s): weighted average $79.46; individual sale prices across the transactions ranged roughly $77.62–$80.72 (see filing footnotes for full breakdown).
  • Options exercised: grants from Feb 21, 2019 and Feb 20, 2020 (per filing footnotes) with typical multi‑year vesting; exercises were recorded as derivative transactions (code M).
  • Some entries show $0.00 dispositions for derivative shares — these typically reflect net share settlement or withholding related to the option exercise/tax obligations.
  • The sales were effected under a Rule 10b5‑1 trading plan established March 6, 2026 (footnote F1).
  • Filing: Form 4 filed June 9, 2026 for transactions dated June 5, 2026 — filed within the required reporting window (timely).
  • Shares owned after the transactions: the excerpt provided does not list a post‑transaction ownership total (footnote references ownership as of June 5, 2026).

Context

  • This was effectively a same‑day exercise and sale (a cashless outcome) — common for executives converting option value to cash and/or satisfying tax withholding.
  • The presence of a 10b5‑1 plan indicates the sales were pre‑arranged and may have been scheduled in advance, which is relevant for interpreting timing.
  • These routine option exercises and sales are transactional and do not by themselves indicate management’s view of the company’s long‑term prospects.

Insider Transaction Report

Form 4
Period: 2026-06-05
COCA COLA COKO
MANN JENNIFER K
Executive Vice President
Transactions
  • Exercise/Conversion

    Common Stock, $.25 Par Value

    2026-06-05$45.44/sh+80,820$3,672,057→ 288,220 total
  • Sale

    Common Stock, $.25 Par Value

    [F1][F2]
    2026-06-05$79.46/sh−80,820$6,422,038→ 207,400 total
  • Exercise/Conversion

    Common Stock, $.25 Par Value

    2026-06-05$59.48/sh+19,180$1,140,922→ 226,580 total
  • Sale

    Common Stock, $.25 Par Value

    [F1][F3]
    2026-06-05$79.46/sh−19,180$1,524,035→ 207,400 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F5]
    2026-06-05−80,820→ 0 total
    Exercise: $45.44Exp: 2029-02-21→ Common Stock, $.25 Par Value (80,820 underlying)
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F6]
    2026-06-05−19,180→ 51,606 total
    Exercise: $59.48Exp: 2030-02-20→ Common Stock, $.25 Par Value (19,180 underlying)
Holdings

  • Common Stock, $.25 Par Value

    [F4]
    (indirect: By 401(k))
    8,309

  • Hypothetical Shares

    [F7][F8][F9]
    (indirect: By 401(k))
    → Common Stock, $.25 Par Value (9,323 underlying)
    9,323
Footnotes (9)
  • [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 6, 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 $77.62 to $80.72. 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 $77.64 to $80.71. 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 5, 2026.
  • [F5]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.
  • [F6]Options (with tax withholding right) granted on February 20, 2020 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant becomes exercisable on each of the first, second, third and fourth anniversaries of the grant date.
  • [F7]Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
  • [F8]There is no data applicable with respect to the hypothetical shares.
  • [F9]As of June 5, 2026.
Signature
/s/ Jennifer K. Mann|2026-06-08

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT