Coca-Cola director granted 4,221 phantom share units

WEINBERG DAVID B reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 04/03/2026 - 01:21 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

Grant/Award: 4,221.079 shares

Grant/Award 1 txn

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 contracts (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)

1. F1. Exhibit Index - Exhibit No. 24 - Power of Attorney
2. F2. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
3. 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.
4. F4. Each phantom share unit is economically equivalent to one share of Common Stock.
5. 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.
6. 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.
7. 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

Phantom Share Units financial

"Each phantom share unit is economically equivalent to one share of Common Stock."

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."

FAQ

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

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.

How many phantom share units does David B. Weinberg now hold at KO?

After the April 1, 2026 grant, David B. Weinberg holds 78,241.1776 phantom share units. These units track the value of Coca-Cola common stock and are credited under the Directors' Plan, including additional phantom dividends accrued through that date.

What are phantom share units in the Coca-Cola (KO) Directors' Plan?

Each phantom share unit is economically equivalent to one share of Coca-Cola common stock. Under the Directors' Plan, these units represent deferred director compensation and are ultimately settled in cash, rather than stock, after the director leaves the Board.

When will David B. Weinberg’s KO phantom share units be settled?

The phantom share units will be settled in cash after he leaves Coca-Cola’s Board. Payment occurs on the later of January 15 of the year after his departure or six months following the date he leaves the Board, according to the Directors' Plan terms.

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.

What indirect KO share holdings are reported for David B. Weinberg?

Indirectly, 3,540,000 shares are held through family limited partnerships and 3,000,000 shares through family trusts. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest, and some trusts have three trustees sharing responsibility.

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^*

WEINBERG DAVID B

(Last) (First) (Middle)

C/O JUDD ENTERPRISES

401 N. MICHIGAN AVE., SUITE 3050

(Street)

CHICAGO ILLINOIS 60611

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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								727,902	D(1)
Common Stock, $.25 Par Value								3,540,000	I	By Family Limited Partnerships(2)
Common Stock, $.25 Par Value								3,000,000	I	By Family Trusts(3)

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
Phantom Share Units	(4)	04/01/2026		A		4,221.079(5)		(6)	(6)	Common Stock, $.25 Par Value	4,221.079	$75.81	78,241.1776(7)	D

Explanation of Responses:

1. Exhibit Index - Exhibit No. 24 - Power of Attorney

2. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

3. 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.

4. Each phantom share unit is economically equivalent to one share of Common Stock.

5. 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.

6. 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.

7. This number includes phantom share units accrued through April 1, 2026 under the Directors' Plan as a result of crediting phantom dividends.

	/s/ David B. Weinberg	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)