Coca-Cola EVP awarded 39,807 performance share units

COCA COLA CO Executive Vice President Lisa Chang reported an equity award rather than an open‑market trade.

Rhea-AI Filing Summary

COCA COLA CO Executive Vice President Lisa Chang reported an equity award rather than an open‑market trade. On February 19, 2026, she acquired 39,807 performance share units under the 2023–2025 program, representing the same number of common shares upon vesting on February 27, 2026, at a stated price of $0.00 per unit. Following this grant, her directly held common stock totaled 134,483 shares. The filing also lists indirect interests as of February 19, 2026, including common stock held in a 401(k) plan, hypothetical shares in a supplemental 401(k) plan, and shares held by her husband.

Insider Trade Summary

Grant/Award: 39,807 shares

Grant/Award 4 txns

Insider CHANG LISA

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $.25 Par Value	39,807	$0.00	$0.00
holding	Hypothetical Shares	--	--	--
holding	Common Stock, $.25 Par Value	--	--	--
holding	Common Stock, $.25 Par Value	--	--	--

Holdings After Transaction: Common Stock, $.25 Par Value — 134,483 shares (Direct); Hypothetical Shares — 5,126 contracts (Indirect, By Supplemental 401(k) Plan); Common Stock, $.25 Par Value — 3,215 shares (Indirect, By Husband); Common Stock, $.25 Par Value — 5,394 shares (Indirect, By 401(k) Plan)

Footnotes (5)

1. F1. These shares represent common stock of The Coca-Cola Company issuable upon vesting of performance share units issued under the 2023-2025 performance share unit program. These performance share units vest on February 27, 2026.
2. F2. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 19, 2026.
3. F3. Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
4. F4. There is no data applicable with respect to the hypothetical shares.
5. F5. As of February 19, 2026.

FAQ

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

What insider transaction did KO executive Lisa Chang report?

Lisa Chang reported an equity award, not a market trade. On February 19, 2026, she received 39,807 performance share units under Coca-Cola’s 2023–2025 program, which convert into the same number of common shares if vesting conditions are met on February 27, 2026.

How many Coca-Cola (KO) shares does Lisa Chang hold after this Form 4?

After the reported award, Lisa Chang directly holds 134,483 shares of Coca-Cola common stock. The filing also discloses additional indirect interests as of February 19, 2026, through a 401(k) plan, a supplemental 401(k) plan with hypothetical shares, and shares held by her husband.

What are the terms of Lisa Chang’s 39,807 performance share units in KO?

The 39,807 performance share units were granted under Coca-Cola’s 2023–2025 performance share unit program. Each unit represents one share of common stock, issuable upon vesting on February 27, 2026, subject to the program’s performance and vesting conditions described in the award documentation.

Does the Coca-Cola (KO) Form 4 show any insider share sales by Lisa Chang?

The Form 4 does not report any share sales by Lisa Chang. It records a grant of 39,807 performance share units at a stated price of $0.00 per unit, along with updated direct and indirect ownership totals as of February 19, 2026, including plan-related holdings.

How are hypothetical shares reported for Lisa Chang in Coca-Cola’s Form 4?

The filing shows hypothetical shares in a supplemental 401(k) plan, each equal to one Coca-Cola common share. These are reported as indirect holdings, with no transaction price data applicable, and ownership totals are given as of February 19, 2026, alongside other indirect positions.

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

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Accepted by SEC EDGAR 02/23/2026 - 03:38 PM Learn about SEC filing dates

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^*

CHANG LISA

(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)
02/19/2026

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	02/19/2026		A		39,807(1)	A	$0	134,483	D
Common Stock, $.25 Par Value								3,215	I	By Husband
Common Stock, $.25 Par Value								5,394(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
Hypothetical Shares	(3)							(4)	(4)	Common Stock, $.25 Par Value	5,126		5,126(5)	I	By Supplemental 401(k) Plan

Explanation of Responses:

1. These shares represent common stock of The Coca-Cola Company issuable upon vesting of performance share units issued under the 2023-2025 performance share unit program. These performance share units vest on February 27, 2026.

2. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 19, 2026.

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

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

5. As of February 19, 2026.

	/s/ Lisa Chang	02/20/2026
	** 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.