STOCK TITAN

Coca-Cola (NYSE: KO) COO awarded 65,317 performance share units in Form 4

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

Rhea-AI Filing Summary

COCA COLA CO executive Henrique Braun reported an equity award and updated share holdings. He acquired 65,317 shares of common stock at a price of $0.00 per share through a grant or award, bringing his directly held common stock to 127,938 shares following the transaction. These shares are issuable upon vesting of performance share units under the 2023-2025 performance share unit program, which vest on February 27, 2026. Indirect holdings include hypothetical shares credited under a Supplemental 401(k) Plan and common stock credited under The Coca-Cola Company 401(k) Plan, both measured as of February 19, 2026.

Positive

  • None.

Negative

  • None.
Insider Braun Henrique
Role EVP & Chief Operating Officer
Type Security Shares Price Value
Grant/Award Common Stock, $.25 Par Value 65,317 $0.00 --
holding Hypothetical Shares -- -- --
holding Common Stock, $.25 Par Value -- -- --
Holdings After Transaction: Common Stock, $.25 Par Value — 127,938 shares (Direct); Hypothetical Shares — 8,962 shares (Indirect, By Supplemental 401(k) Plan); Common Stock, $.25 Par Value — 13,481 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  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. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of February 19, 2026. Each hypothetical share is equal to one share of common stock of The Coca-Cola Company. There is no data applicable with respect to the hypothetical shares. As of February 19, 2026.
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*
Braun Henrique

(Last) (First) (Middle)
C/O 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)
EVP & Chief Operating Officer
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 65,317(1) A $0 127,938 D
Common Stock, $.25 Par Value 13,481(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 8,962 8,962(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/ Henrique Braun 02/22/2026
** 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.

FAQ

What insider transaction did Henrique Braun report for KO on this Form 4?

Henrique Braun reported acquiring 65,317 shares of Coca-Cola common stock at $0.00 per share through a grant or award. This reflects equity-based compensation rather than an open-market purchase, increasing his directly held common stock to 127,938 shares after the transaction.

How were the 65,317 KO shares granted to Henrique Braun structured?

The 65,317 shares represent common stock issuable upon vesting of performance share units under Coca-Cola’s 2023-2025 performance share unit program. These performance share units vest on February 27, 2026, meaning actual shares are delivered if vesting conditions are satisfied at that time.

What are Henrique Braun’s direct KO share holdings after this Form 4 transaction?

After the reported grant, Henrique Braun directly holds 127,938 shares of Coca-Cola common stock. This figure reflects his direct ownership immediately following the equity award and does not include additional indirect holdings through retirement and deferred compensation plans.

What indirect KO holdings does Henrique Braun report through company benefit plans?

Henrique Braun reports indirect interests through a Supplemental 401(k) Plan and The Coca-Cola Company 401(k) Plan. The filing shows 8,962 hypothetical shares in the supplemental plan and 13,481 shares credited in the 401(k) Plan, each as of February 19, 2026.

What does “hypothetical shares” mean in Henrique Braun’s KO Form 4?

The filing explains that each hypothetical share equals one share of Coca-Cola common stock. These are bookkeeping units in a Supplemental 401(k) Plan used for tracking value, not traditional stock trades, and the filing notes there is no transactional data applicable to these hypothetical shares.

When do Henrique Braun’s reported KO performance share units vest?

The performance share units tied to the 65,317-share award vest on February 27, 2026. Upon vesting under the 2023-2025 performance share unit program, they become issuable as Coca-Cola common stock, subject to the program’s terms and any performance or service conditions.