Coca-Cola EVP Perez exercises options, sells shares

Coca-Cola Executive Vice President Beatriz R. Perez exercised employee stock options for 21,326 shares at $44.475 per share and received the same number of common shares.

Accepted by SEC EDGAR 03/03/2026 - 12:28 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Coca-Cola Executive Vice President Beatriz R. Perez exercised employee stock options for 21,326 shares at $44.475 per share and received the same number of common shares. She then sold 21,326 shares at $81.000 in an open-market transaction, and 13,300 shares were withheld to cover tax liabilities upon vesting of performance share units. After these transactions, she held 160,428 shares directly, plus 12,462 hypothetical shares in a supplemental 401(k) plan and 24,200 shares credited under the 401(k) plan as of February 26, 2026.

Insider Trade Summary

Exercise and Sale: 21,326 shares ($779K approx. pre-tax spread)

Exercise and Sale 4 txns

Insider Perez Beatriz R

Role Executive Vice President

Sold 21,326 shs ($1.73M)

Approx. gross sale proceeds $1.73M

Approx. exercise cost $948K

Approx. pre-tax spread $779K

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	21,326	$0.00	$0.00
Exercise	Common Stock, $.25 Par Value	21,326	$44.475	$948K
Sale	Common Stock, $.25 Par Value	21,326	$81.00	$1.73M
Exercise Price or Tax Liability	Common Stock, $.25 Par Value	13,300	$80.50	$1.07M
Holding	Hypothetical Shares	--	--	--
Holding	Common Stock, $.25 Par Value	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock, $.25 Par Value — 160,428 shares (Direct); Hypothetical Shares — 12,462 contracts (Indirect, By Supplemental 401(k) Plan); Common Stock, $.25 Par Value — 24,200 shares (Indirect, By 401(k) Plan)

Footnotes (6)

1. F1. Represents shares withheld to satisfy tax liabilities upon the vesting of performance share units issued on February 19, 2026 under the 2023-2025 performance share unit program.
2. F2. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 26, 2026.
3. F3. 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.
4. F4. Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
5. F5. There is no data applicable with respect to the hypothetical shares.
6. F6. As of February 26, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did KO Executive Vice President Beatriz R. Perez report?

Beatriz R. Perez reported exercising options for 21,326 Coca-Cola shares, receiving common stock, then selling 21,326 shares in an open-market transaction. She also had 13,300 shares withheld to satisfy tax liabilities tied to vesting performance share units.

How many Coca-Cola (KO) shares did Beatriz R. Perez sell in this Form 4?

Beatriz R. Perez sold 21,326 shares of Coca-Cola common stock in an open-market transaction at a price of $81.000 per share. This sale occurred on February 27, 2026 and followed the exercise of an equal number of employee stock options.

What was the option exercise activity for Coca-Cola (KO) reported by Beatriz R. Perez?

She exercised employee stock options for 21,326 shares at an exercise price of $44.475 per share, converting derivative options into common stock. These options were originally granted on February 15, 2018, under The Coca-Cola Company 2014 Equity Plan with four annual vesting tranches.

How many Coca-Cola (KO) shares does Beatriz R. Perez own after these transactions?

Following the reported transactions, Beatriz R. Perez directly owned 160,428 Coca-Cola common shares. In addition, she held 12,462 hypothetical shares in a supplemental 401(k) plan and 24,200 shares credited to her account under The Coca-Cola Company 401(k) Plan as of February 26, 2026.

What were the tax-related share withholdings in the Coca-Cola (KO) Form 4?

The filing shows 13,300 Coca-Cola shares were disposed of through tax-withholding at $80.500 per share. These shares were withheld to satisfy tax liabilities arising from the vesting of performance share units issued on February 19, 2026, under the 2023–2025 performance share unit program.

How are hypothetical Coca-Cola (KO) shares reported in Beatriz R. Perez’s Form 4?

The Form 4 lists 12,462 hypothetical shares held indirectly through a supplemental 401(k) plan. Each hypothetical share is equal to one share of Coca-Cola common stock, and the filing notes there is no transactional data applicable for these hypothetical shares as of February 26, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Perez Beatriz R

(Last) (First) (Middle)

THE COCA-COLA COMPANY

ONE COCA-COLA PLAZA

(Street)

ATLANTA GA 30313

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COCA COLA CO [ KO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.25 Par Value	02/27/2026		M		21,326	A	$44.475	195,054	D
Common Stock, $.25 Par Value	02/27/2026		S		21,326	D	$81	173,728	D
Common Stock, $.25 Par Value	02/27/2026		F		13,300(1)	D	$80.5	160,428	D
Common Stock, $.25 Par Value								24,200(2)	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$44.475	02/27/2026		M			21,326	(3)	02/15/2028	Common Stock, $.25 Par Value	21,326	$0	0	D
Hypothetical Shares	(4)							(5)	(5)	Common Stock, $.25 Par Value	12,462		12,462(6)	I	By Supplemental 401(k) Plan

Explanation of Responses:

1. Represents shares withheld to satisfy tax liabilities upon the vesting of performance share units issued on February 19, 2026 under the 2023-2025 performance share unit program.

2. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 26, 2026.

3. 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.

4. Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.

5. There is no data applicable with respect to the hypothetical shares.

6. As of February 26, 2026.

	/s/ Beatriz R. Perez	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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