Coca-Cola (KO) EVP Manuel Arroyo awarded 74,647 performance share units

Rhea-AI Filing Summary

ARROYO MANUEL reported acquisition or exercise transactions in this Form 4 filing.

The Coca-Cola Company executive Manuel Arroyo received an equity award that increases his potential share ownership. On this Form 4, he was granted 74,647 shares of common stock at a price of $0.00 per share, described as a grant or award rather than a purchase.

The footnotes explain these represent performance share units issued under Coca-Cola’s 2023–2025 performance share unit program. The units are scheduled to vest on February 27, 2026, at which point common stock would be issued. Following this award, his directly owned or issuable shares reported total 132,714.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ARROYO MANUEL

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $.25 Par Value	74,647	$0.00	--

Holdings After Transaction: Common Stock, $.25 Par Value — 132,714 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

ARROYO MANUEL

(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)
02/19/2026

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		74,647(1)	A	$0	132,714	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/ Manuel Arroyo	02/20/2026
	** 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.
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FAQ

What insider transaction did Coca-Cola (KO) report for Manuel Arroyo?

Coca-Cola reported that Executive Vice President Manuel Arroyo acquired 74,647 shares through an equity award. These are performance share units tied to the 2023–2025 program and are not open-market purchases, but stock that may be issued upon vesting in 2026.

How many Coca-Cola (KO) shares did Manuel Arroyo hold after this Form 4 grant?

After the reported grant, Manuel Arroyo’s directly owned or issuable Coca-Cola common shares totaled 132,714. This figure includes the newly awarded 74,647 performance share units that can convert into shares if vesting conditions under the 2023–2025 program are met.

What type of stock award did Coca-Cola (KO) grant to Manuel Arroyo?

Coca-Cola granted Manuel Arroyo performance share units representing 74,647 shares of common stock. These units fall under the 2023–2025 performance share unit program and carry a grant/award classification at a price of $0.00 per share, meaning no cash was paid to acquire them.

When do Manuel Arroyo’s new Coca-Cola (KO) performance share units vest?

The performance share units granted to Manuel Arroyo are scheduled to vest on February 27, 2026. Upon vesting, they become issuable as Coca-Cola common stock, assuming the applicable performance and program conditions for the 2023–2025 performance share unit plan are satisfied.

Does the Coca-Cola (KO) Form 4 show a stock purchase by Manuel Arroyo?

The Form 4 does not show an open-market stock purchase. It records a grant of 74,647 performance share units at a price of $0.00 per share, categorized as a grant, award, or other acquisition under Coca-Cola’s 2023–2025 performance share unit program.

What is Manuel Arroyo’s role at Coca-Cola (KO) mentioned in this Form 4?

In this Form 4, Manuel Arroyo is identified as an Executive Vice President of Coca-Cola. His position explains why he participates in the company’s long-term incentive programs, such as the 2023–2025 performance share unit plan under which this equity award was granted.