STOCK TITAN

[Form 4] COCA COLA CO Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

The Coca-Cola Company (KO) reported a Form 4 for director Max R. Levchin showing a grant of 1,118.0992 phantom share units on 10/16/2025. These units were credited under the company’s Directors’ Plan for 2025 compensation, prorated to reflect his election to the Board on that date. Each phantom unit is economically equivalent to one share of common stock, with a reference price of $71.55. The units are settled in cash after the director leaves the Board, based on the plan’s timing rules.

La Coca-Cola Company (KO) ha presentato un Form 4 per il direttore Max R. Levchin che mostra una concessione di 1.118,0992 unità di azioni fantasma il 16/10/2025. Queste unità sono state attribuite al Piano dei Direttori dell’azienda per la retribuzione del 2025, proporzionate per riflettere la sua elezione al Consiglio in data tale. Ogni unità fantasma è economicamente equivalente a una quota di azioni ordinarie, con un prezzo di riferimento di $71,55. Le unità sono liquidate in contanti dopo che il direttore lascia il Consiglio, in base alle regole di tempistica del piano.

La Compañía Coca-Cola (KO) informó un Form 4 para el director Max R. Levchin que muestra una concesión de 1,118.0992 unidades de acciones fantasma el 16/10/2025. Estas unidades fueron acreditadas bajo el Piano de Directores de la empresa para la compensación de 2025, prorrateadas para reflejar su elección a la Junta en esa fecha. Cada unidad fantasma es económicamente equivalente a una acción común, con un precio de referencia de $71,55. Las unidades se liquidan en efectivo después de que el director abandone la Junta, conforme a las reglas de temporización del plan.

코카콜라 컴퍼니(KO)는 이사 Max R. Levchin에 대한 Form 4를 보고했으며, 2025/10/161,118.0992 팬텀 주식 단위의 부여를 보여줍니다. 이 단위는 회사의 이사 계획(Directors’ Plan)에 따라 2025년 보상에 대해 가산되었으며, 그 날짜의 이사회 선임을 반영하기 위해 비례 배분되었습니다. 각 팬텀 주식 단위는 경제적으로 일반 주식 1주에 해당하며, 기준가는 $71.55입니다. 이 단위는 이사가 이사회에서 퇴임한 후 현금으로 정산되며, 계획의 시점 규칙에 따라 이루어집니다.

La société Coca-Cola (KO) a déclaré un Form 4 pour le directeur Max R. Levchin indiquant une attribution de 1 118,0992 unités d’actions fantômes le 16/10/2025. Ces unités ont été créditées dans le cadre du Piano des administrateurs de l’entreprise pour la rémunération 2025, au prorata pour refléter son élection au conseil à cette date. Chaque unité fantôme est économiquement équivalente à une action ordinaire, avec un prix de référence de $71,55. Les unités sont réglées en espèces après que le directeur quitte le conseil, selon les règles de synchronisation du plan.

Die Coca-Cola Company (KO) meldete ein Form 4 für den Direktor Max R. Levchin, der eine Gewährung von 1.118,0992 Phantomaktienanteilen am 16.10.2025 zeigt. Diese Einheiten wurden im Rahmen des Directors’ Plan des Unternehmens für die Vergütung 2025 gutgeschrieben und anteilig angepasst, um seine Wahl in den Vorstand an diesem Datum widerzuspiegeln. Jede Phantom-Einheit ist wirtschaftlich äquivalent zu einer Aktie des Stammkapitals, mit einem Referenzpreis von $71,55. Die Einheiten werden nach dem Ausscheiden des Direktors aus dem Vorstand in bar abgewickelt, basierend auf den Timing-Regeln des Plans.

شركة كوكا-كولا (KO) أبلغت عن نموذج 4 للمُدير Max R. Levchin يظهر منحة قدرها 1,118.0992 وحدة أسهم فانتوم في 16/10/2025. تم اعتماد هذه الوحدات ضمن خطة المدراء للشركة لتعويض 2025، مع التوزيع وفقاً لتزايد reflecting اختياره إلى المجلس في ذلك التاريخ. كل وحدة فانتوم اقتصادية تعادل اقتصادياً سهماً واحداً من الأسهم العادية، بسعر مرجعي قدره $71,55. يتم تسوية الوحدات نقداً بعد أن يغادر المدير المجلس، وفقاً لقواعد توقيت الخطة.

可口可乐公司(KO) 报告了针对董事 Max R. Levchin 的 Form 4,显示在 2025/10/16 授予 1,118.0992 单位幻影股。该单位在公司用于 2025 年薪酬的 董事计划 下记入,按比例以 reflect 他在该日期当选董事而确定。每单位幻影股在经济上等同于一股普通股,基准价格为 $71,55 美元。该单位在董事离任董事会后以现金结算,按计划的时点规则执行。

Positive
  • None.
Negative
  • None.

La Coca-Cola Company (KO) ha presentato un Form 4 per il direttore Max R. Levchin che mostra una concessione di 1.118,0992 unità di azioni fantasma il 16/10/2025. Queste unità sono state attribuite al Piano dei Direttori dell’azienda per la retribuzione del 2025, proporzionate per riflettere la sua elezione al Consiglio in data tale. Ogni unità fantasma è economicamente equivalente a una quota di azioni ordinarie, con un prezzo di riferimento di $71,55. Le unità sono liquidate in contanti dopo che il direttore lascia il Consiglio, in base alle regole di tempistica del piano.

La Compañía Coca-Cola (KO) informó un Form 4 para el director Max R. Levchin que muestra una concesión de 1,118.0992 unidades de acciones fantasma el 16/10/2025. Estas unidades fueron acreditadas bajo el Piano de Directores de la empresa para la compensación de 2025, prorrateadas para reflejar su elección a la Junta en esa fecha. Cada unidad fantasma es económicamente equivalente a una acción común, con un precio de referencia de $71,55. Las unidades se liquidan en efectivo después de que el director abandone la Junta, conforme a las reglas de temporización del plan.

코카콜라 컴퍼니(KO)는 이사 Max R. Levchin에 대한 Form 4를 보고했으며, 2025/10/161,118.0992 팬텀 주식 단위의 부여를 보여줍니다. 이 단위는 회사의 이사 계획(Directors’ Plan)에 따라 2025년 보상에 대해 가산되었으며, 그 날짜의 이사회 선임을 반영하기 위해 비례 배분되었습니다. 각 팬텀 주식 단위는 경제적으로 일반 주식 1주에 해당하며, 기준가는 $71.55입니다. 이 단위는 이사가 이사회에서 퇴임한 후 현금으로 정산되며, 계획의 시점 규칙에 따라 이루어집니다.

La société Coca-Cola (KO) a déclaré un Form 4 pour le directeur Max R. Levchin indiquant une attribution de 1 118,0992 unités d’actions fantômes le 16/10/2025. Ces unités ont été créditées dans le cadre du Piano des administrateurs de l’entreprise pour la rémunération 2025, au prorata pour refléter son élection au conseil à cette date. Chaque unité fantôme est économiquement équivalente à une action ordinaire, avec un prix de référence de $71,55. Les unités sont réglées en espèces après que le directeur quitte le conseil, selon les règles de synchronisation du plan.

Die Coca-Cola Company (KO) meldete ein Form 4 für den Direktor Max R. Levchin, der eine Gewährung von 1.118,0992 Phantomaktienanteilen am 16.10.2025 zeigt. Diese Einheiten wurden im Rahmen des Directors’ Plan des Unternehmens für die Vergütung 2025 gutgeschrieben und anteilig angepasst, um seine Wahl in den Vorstand an diesem Datum widerzuspiegeln. Jede Phantom-Einheit ist wirtschaftlich äquivalent zu einer Aktie des Stammkapitals, mit einem Referenzpreis von $71,55. Die Einheiten werden nach dem Ausscheiden des Direktors aus dem Vorstand in bar abgewickelt, basierend auf den Timing-Regeln des Plans.

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*
Levchin Max R

(Last) (First) (Middle)
C/O AFFIRM HOLDINGS, INC.
650 CALIFORNIA STREET

(Street)
SAN FRANCISCO CA 94108

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/16/2025
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 0 D
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 $0(1) 10/16/2025 A 1,118.0992(2) (3) (3) Common Stock, $.25 Par Value 1,118.0992 $71.55 1,118.0992 D
Explanation of Responses:
1. Each phantom share unit is economically equivalent to one share of Common Stock.
2. Phantom share units credited to the reporting person under The Coca-Cola Company Directors' Plan, as amended and restated effective June 1, 2025 (the "Directors' Plan") for 2025 compensation, prorated for 2025 as a result of the election of the reporting person to the Board of Directors on October 16, 2025.
3. 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.
Max R. Levchin 10/20/2025
** 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.

FAQ

What did KO disclose in this Form 4?

A grant to director Max R. Levchin of 1,118.0992 phantom share units on 10/16/2025 under the Directors’ Plan.

How many phantom share units were granted to Max R. Levchin?

He was credited with 1,118.0992 phantom share units.

What is the economic value reference for these units?

Each unit is economically equivalent to one share of common stock, with a reference price of $71.55.

When are the phantom share units settled?

They are settled in cash after the director leaves the Board, following the plan’s timing rules.

Why was the award prorated?

It was prorated for 2025 due to Levchin’s election to the Board on 10/16/2025.

Do these phantom units represent actual KO shares today?

No. They are bookkeeping units economically tied to common stock and are settled in cash after service ends.
Coca Cola Co

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