Coca-Cola (NYSE: KO) awards Ortega 26,870 performance share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COCA COLA CO insider Luisa Ortega, identified as Europe OU President, reported an equity award under the company’s long-term incentive program. She acquired 26,870 shares in the form of performance share units at no cash cost, increasing her directly held common stock-equivalent position to 58,446 shares. According to the footnote, these units relate to the 2023–2025 performance share unit program and will vest on February 27, 2026, when common stock of The Coca-Cola Company becomes issuable upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ortega Luisa
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.25 Par Value | 26,870 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.25 Par Value — 58,446 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Luisa Ortega report for Coca-Cola (KO)?
Luisa Ortega reported an acquisition of 26,870 performance share units tied to Coca-Cola common stock. The award was granted at no cash cost and is part of the 2023–2025 performance share unit program, with shares becoming issuable upon vesting on February 27, 2026.
What type of equity did Coca-Cola grant to Luisa Ortega in this transaction?
Coca-Cola granted Luisa Ortega performance share units representing 26,870 shares of common stock. These units are issued under the company’s 2023–2025 performance share unit program and will result in common stock being issuable to her when the units vest on February 27, 2026.
What program covers Luisa Ortega’s new Coca-Cola equity award?
The award is issued under Coca-Cola’s 2023–2025 performance share unit program. Under this program, Ortega received 26,870 performance share units that will vest on February 27, 2026, at which point they are settled in The Coca-Cola Company’s common stock, as described in the footnote.