Coca-Cola (NYSE: KO) executive has shares withheld to cover tax bill

Rhea-AI Filing Summary

Coca-Cola Company executive Luisa Ortega reported a tax-related share disposition. On February 27, 2026, 12,465 shares of Coca-Cola common stock were withheld at $80.50 per share to cover tax liabilities triggered by the vesting of performance share units granted under the 2023-2025 program. After this withholding, Ortega directly owned 45,981 shares. This transaction reflects shares withheld for taxes rather than an open-market sale.

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

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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)
02/27/2026

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	02/27/2026		F		12,465(1)	D	$80.5	45,981	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. Represents shares withheld to satisfy tax liabilities upon the vesting of performance share units issued on February 19, 2026 under the 2023-2025 performance share unit program.

	/s/ Shequitta Parker, attorney-in-fact for Luisa Ortega	03/03/2026
	** 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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FAQ

What insider transaction did Coca Cola Co (KO) report for Luisa Ortega?

Coca Cola Co reported a tax-related share disposition by executive Luisa Ortega. On February 27, 2026, 12,465 common shares were withheld to satisfy tax liabilities arising from vesting performance share units under the 2023-2025 program, rather than sold in the open market.

How many Coca Cola Co (KO) shares were withheld for Luisa Ortega’s taxes?

A total of 12,465 Coca Cola common shares were withheld for Luisa Ortega’s tax obligations. The shares were valued at $80.50 each and were tied to vesting performance share units from the 2023-2025 program, representing a non-open-market tax-withholding transaction.

Was Luisa Ortega’s Coca Cola Co (KO) Form 4 transaction an open-market sale?

The transaction was not an open-market sale. The Form 4 shows 12,465 shares were withheld to satisfy tax liabilities upon vesting of performance share units, a tax-withholding disposition rather than a discretionary sale into the market by Luisa Ortega.

What is Luisa Ortega’s Coca Cola Co (KO) share ownership after this Form 4?

After the tax-withholding disposition, Luisa Ortega directly owned 45,981 Coca Cola common shares. This figure reflects her remaining direct holdings following the 12,465 shares withheld to cover tax liabilities from vesting performance share units under the 2023-2025 program.

At what price were Luisa Ortega’s withheld Coca Cola Co (KO) shares valued?

The withheld shares were valued at $80.50 per share. That price was applied to 12,465 Coca Cola common shares used to satisfy Luisa Ortega’s tax liabilities arising from the vesting of performance share units in the 2023-2025 performance share unit program.

What was the source of the shares in Luisa Ortega’s Coca Cola Co (KO) tax-withholding?

The shares came from performance share units that vested under Coca Cola’s 2023-2025 performance share unit program. Upon that vesting, 12,465 shares were automatically withheld to pay Luisa Ortega’s tax liabilities, as disclosed in the Form 4 footnote.