Coca-Cola (KO) director adds 4,221 phantom units and reports 7.3M+ share holdings
Rhea-AI Filing Summary
WEINBERG DAVID B reported acquisition or exercise transactions in this Form 4 filing.
COCA COLA CO director David B. Weinberg received a grant of 4,221.079 phantom share units on April 1, 2026 under The Coca-Cola Company Directors' Plan for 2026 compensation. Each phantom share unit is economically equivalent to one share of common stock and is settled in cash after he leaves the Board.
Following this grant, he holds 78,241.1776 phantom share units under the plan. Separate entries show direct holdings of 727,902 shares of common stock and additional indirect holdings of 3,540,000 shares through family limited partnerships and 3,000,000 shares through family trusts, where he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
WEINBERG DAVID B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Share Units | 4,221.079 | $75.81 | $320K |
| holding | Common Stock, $.25 Par Value | -- | -- | -- |
| holding | Common Stock, $.25 Par Value | -- | -- | -- |
| holding | Common Stock, $.25 Par Value | -- | -- | -- |
Holdings After Transaction:
Phantom Share Units — 78,241.1776 shares (Direct);
Common Stock, $.25 Par Value — 727,902 shares (Direct);
Common Stock, $.25 Par Value — 3,540,000 shares (Indirect, By Family Limited Partnerships);
Common Stock, $.25 Par Value — 3,000,000 shares (Indirect, By Family Trusts)
Footnotes (7)
- F1. Exhibit Index - Exhibit No. 24 - Power of Attorney
- F2. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F3. The reported securities are held in three trusts of which the reporting person is one of three trustees. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F4. Each phantom share unit is economically equivalent to one share of Common Stock.
- F5. Phantom share units credited to the reporting person under The Coca-Cola Company Directors' Plan effective June 1, 2025 (the "Directors' Plan") for 2026 compensation, which may include voluntary deferred compensation.
- F6. The phantom share units credited under the Directors' Plan are settled in cash the later of (i) January 15 of the year following the year in which the reporting person leaves the Board, or (ii) six months following the date on which the reporting person leaves the Board.
- F7. This number includes phantom share units accrued through April 1, 2026 under the Directors' Plan as a result of crediting phantom dividends.
Key Figures
Phantom units granted: 4,221.079 units
Grant reference price: $75.81 per unit
Total phantom units after grant: 78,241.1776 units
+3 more
6 metrics
Phantom units granted
4,221.079 units
Grant on April 1, 2026 under Directors' Plan
Grant reference price
$75.81 per unit
Price per phantom share unit for the April 1, 2026 grant
Total phantom units after grant
78,241.1776 units
Phantom share units credited under Directors' Plan through April 1, 2026
Direct common stock holdings
727,902 shares
Common Stock, $.25 Par Value, held directly
Indirect holdings via family partnerships
3,540,000 shares
Common Stock held indirectly by Family Limited Partnerships
Indirect holdings via family trusts
3,000,000 shares
Common Stock held indirectly by Family Trusts; beneficial ownership disclaimed except pecuniary interest
Key Terms
Phantom Share Units, Directors' Plan, pecuniary interest, Family Limited Partnerships, +1 more
5 terms
Directors' Plan financial
"Phantom share units credited to the reporting person under The Coca-Cola Company Directors' Plan effective June 1, 2025"
pecuniary interest financial
"The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein."
Family Limited Partnerships financial
"Common Stock, $.25 Par Value ... nature_of_ownership: By Family Limited Partnerships"
Family Trusts financial
"The reported securities are held in three trusts of which the reporting person is one of three trustees."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did KO director David B. Weinberg report in this Form 4?
David B. Weinberg reported receiving 4,221.079 phantom share units as a compensation grant. These units were credited under Coca-Cola’s Directors' Plan for 2026 compensation and increase his total phantom share holdings, without involving any open-market stock purchases or sales.
What direct KO common stock holdings does David B. Weinberg report?
He reports direct ownership of 727,902 shares of Coca-Cola common stock. This figure reflects his direct position as of the transaction date and is separate from his phantom share units and indirect holdings through family-related entities.