Coca-Cola EVP grants, exercises and sells shares

Coca-Cola Executive Vice President Beatriz R. Perez reported a mix of option grants, exercises, and stock sales.

Accepted by SEC EDGAR 02/27/2026 - 12:04 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Coca-Cola Executive Vice President Beatriz R. Perez reported a mix of option grants, exercises, and stock sales. She received a grant of 39,517 employee stock options, exercisable in annual installments beginning February 26, 2027 under a company equity plan.

On February 25–26, 2026 she exercised 36,326 options into common stock at exercise prices of $44.475 and $45.435 per share, then sold 36,326 common shares in open-market transactions at prices of $80.60 and $80.75 per share. After these transactions, she directly held 173,728 common shares and 39,517 stock options, plus additional indirect holdings through 401(k) and supplemental plans.

Insider Trade Summary

Exercise and Sale: 36,326 shares ($1.30M approx. pre-tax spread)

Exercise and Sale 7 txns

Insider Perez Beatriz R

Role Executive Vice President

Sold 36,326 shs ($2.93M)

Approx. gross sale proceeds $2.93M

Approx. exercise cost $1.63M

Approx. pre-tax spread $1.30M

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (Right to Buy)	39,517	$0.00	$0.00
Exercise	Employee Stock Option (Right to Buy)	21,326	$0.00	$0.00
Exercise	Common Stock, $.25 Par Value	21,326	$44.475	$948K
Sale	Common Stock, $.25 Par Value	21,326	$80.75	$1.72M
Exercise	Employee Stock Option (Right to Buy)	15,000	$0.00	$0.00
Exercise	Common Stock, $.25 Par Value	15,000	$45.435	$682K
Sale	Common Stock, $.25 Par Value	15,000	$80.60	$1.21M
Holding	Hypothetical Shares	--	--	--
Holding	Common Stock, $.25 Par Value	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 91,524 contracts (Direct); Common Stock, $.25 Par Value — 173,728 shares (Direct); Hypothetical Shares — 12,462 contracts (Indirect, By Supplemental 401(k) Plan); Common Stock, $.25 Par Value — 24,200 shares (Indirect, By 401(k) Plan)

Footnotes (7)

1. F1. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 26, 2026.
2. F2. Options (with tax withholding right) granted on February 21, 2019 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.
3. F3. Options (with tax withholding right) granted on February 26, 2026 under The Coca-Cola Company 2024 Equity Plan. One fourth of grant becomes exercisable on each of February 26, 2027, February 29, 2028, February 28, 2029 and February 28, 2030.
4. F4. Options (with tax withholding right) granted on February 15, 2018 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.
5. F5. Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.
6. F6. There is no data applicable with respect to the hypothetical shares.
7. F7. As of February 26, 2026.

FAQ

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

What did Coca-Cola (KO) executive Beatriz Perez report in this Form 4?

Beatriz R. Perez reported a new grant of 39,517 employee stock options, the exercise of 36,326 existing options into common stock, and open-market sales of 36,326 Coca-Cola shares on February 25–26, 2026, along with updated direct and indirect share holdings.

How many Coca-Cola shares did Beatriz Perez sell in this filing?

Beatriz R. Perez sold 36,326 shares of Coca-Cola common stock in open-market transactions. She sold 15,000 shares at $80.60 per share and 21,326 shares at $80.75 per share, all while directly holding Coca-Cola stock before and after these transactions.

What stock option grant did Beatriz Perez receive from Coca-Cola (KO)?

She received 39,517 employee stock options with a right to buy Coca-Cola shares. The options were granted on February 26, 2026 under the 2024 Equity Plan and become exercisable in four equal annual installments starting February 26, 2027 through February 28, 2030.

How many Coca-Cola shares does Beatriz Perez hold after these transactions?

After the reported trades, Beatriz R. Perez directly holds 173,728 shares of Coca-Cola common stock and 39,517 employee stock options. She also has indirect interests through a 401(k) Plan and a Supplemental 401(k) Plan credited with additional common and hypothetical shares.

At what prices did Beatriz Perez exercise and sell Coca-Cola shares?

She acquired common shares by exercising options with exercise prices of $44.475 and $45.435 per share. She then sold 15,000 shares at $80.60 per share and 21,326 shares at $80.75 per share in open-market or private sale transactions.

What indirect Coca-Cola holdings does Beatriz Perez report in this Form 4?

She reports indirect ownership of Coca-Cola through retirement plans. One holding is 24,200 common shares credited under a 401(k) Plan, and another is 12,462 hypothetical shares under a Supplemental 401(k) Plan, with each hypothetical share equal to one Coca-Cola common share.

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^*

Perez Beatriz R

(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)
02/25/2026

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	02/25/2026		M		15,000	A	$45.435	188,728	D
Common Stock, $.25 Par Value	02/25/2026		S		15,000	D	$80.6	173,728	D
Common Stock, $.25 Par Value	02/26/2026		M		21,326	A	$44.475	195,054	D
Common Stock, $.25 Par Value	02/26/2026		S		21,326	D	$80.75	173,728	D
Common Stock, $.25 Par Value								24,200(1)	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
Employee Stock Option (Right to Buy)	$45.435	02/25/2026		M			15,000	(2)	02/21/2029	Common Stock, $.25 Par Value	15,000	$0	30,681	D
Employee Stock Option (Right to Buy)	$80.455	02/26/2026		A		39,517		(3)	02/26/2036	Common Stock, $.25 Par Value	39,517	$0	39,517	D
Employee Stock Option (Right to Buy)	$44.475	02/26/2026		M			21,326	(4)	02/15/2028	Common Stock, $.25 Par Value	21,326	$0	21,326	D
Hypothetical Shares	(5)							(6)	(6)	Common Stock, $.25 Par Value	12,462		12,462(7)	I	By Supplemental 401(k) Plan

Explanation of Responses:

1. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 26, 2026.

2. Options (with tax withholding right) granted on February 21, 2019 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.

3. Options (with tax withholding right) granted on February 26, 2026 under The Coca-Cola Company 2024 Equity Plan. One fourth of grant becomes exercisable on each of February 26, 2027, February 29, 2028, February 28, 2029 and February 28, 2030.

4. Options (with tax withholding right) granted on February 15, 2018 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became exercisable on each of the first, second, third and fourth anniversaries of the grant date.

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

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

7. As of February 26, 2026.

	/s/ Beatriz R. Perez	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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