Coca-Cola grants 26,870 performance share units

COCA COLA CO insider Luisa Ortega, identified as Europe OU President, reported an equity award under the company’s long-term incentive program.

Accepted by SEC EDGAR 02/23/2026 - 02:09 PM EST Learn about SEC filing dates

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.

Insider Trade Summary

Grant/Award: 26,870 shares

Grant/Award 1 txn

Insider Ortega Luisa

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $.25 Par Value	26,870	$0.00	$0.00

Holdings After Transaction: Common Stock, $.25 Par Value — 58,446 shares (Direct)

Footnotes (1)

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.

FAQ

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

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.

How many Coca-Cola shares does Luisa Ortega hold after this Form 4 filing?

After this award, Luisa Ortega’s reported total beneficial ownership is 58,446 Coca-Cola common stock-equivalent shares. This figure reflects the new 26,870 performance share units granted under the 2023–2025 program, which convert into common stock when they vest 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.

Was cash paid for the Coca-Cola shares reported in Luisa Ortega’s Form 4?

No cash was paid for these shares; the transaction price per share was reported as 0.0000. The 26,870 units represent a stock-based incentive award under Coca-Cola’s 2023–2025 performance share unit program rather than an open-market purchase of common stock.

When do Luisa Ortega’s newly granted Coca-Cola performance share units vest?

The performance share units granted to Luisa Ortega vest on February 27, 2026. At that time, they become issuable as Coca-Cola common stock under the 2023–2025 performance share unit program, subject to the program’s terms and any applicable conditions described in the award documents.

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.

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^*

Ortega Luisa

(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
	Officer (give title below)	X	Other (specify below)
			Europe OU 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		26,870(1)	A	$0	58,446	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

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.

	/s/ Luisa Ortega	02/23/2026
	** 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).
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