MANN JENNIFER K 4

What Happened
Jennifer K. Mann, Executive Vice President of The Coca‑Cola Company, exercised a total of 100,000 stock option shares on June 8, 2026 and sold those same 100,000 shares in the open market the same day. Details:

• Exercised 51,606 options at $59.48 per share for $3,069,783 (grant per footnote F5).
• Exercised 48,394 options at $50.44 per share for $2,440,911 (grant per footnote F6).
• Sold 51,606 shares at a weighted average price of $79.46 for $4,100,458 (sale prices ranged $79.15–$79.88; see F2).
• Sold 48,394 shares at a weighted average price of $79.46 for $3,845,174 (sale prices ranged $79.11–$79.91; see F3). Combined exercise cost = $5,510,694; combined gross sale proceeds = $7,945,632.

Key Details

• Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (timely filing).
• Transaction codes: M = exercised/conversion of derivative; S = open market sale.
• Sales conducted pursuant to a Rule 10b5‑1 trading plan established March 6, 2026 (F1).
• Option grants: Feb 20, 2020 and Feb 18, 2021 under the 2014 Equity Plan (F5, F6).
• The Form shows $0.00 entries for the derivative disposals — a reporting convention reflecting cancellation/settlement of the options on exercise.
• Shares owned after the transactions are reported as of June 8, 2026 in the full Form 4 (F9); the total holding count is not included in this excerpt.
• Footnote F4 references shares credited under the company 401(k) plan; F7–F8 concern hypothetical share treatment.

Context
This was effectively a cashless exercise: Ms. Mann exercised vested options and appears to have immediately sold the resulting shares in the open market. The sales were pre‑arranged under a 10b5‑1 plan, which means they were executed according to a pre‑set schedule rather than ad hoc trades. Such sales are common for executives to cover exercise costs and taxes; they are factual transactions and do not by themselves signal management’s ongoing view of the company.