STOCK TITAN

Coca-Cola (NYSE: KO) exec exercises options, sells 55,755 shares

(Very High)
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

COCA COLA CO executive Luisa Ortega, Europe OU President, reported multiple transactions dated August 6, 2026. She exercised employee stock options covering 40,160 shares of common stock at exercise prices of $48.0750, $59.4850 and $50.4383. On the same date, she sold 55,755 shares of common stock at weighted average prices of $86.6721 and $86.5468, with the sales executed in multiple transactions within the price ranges described in the footnotes.

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Insights

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Insider Ortega Luisa
Role Insider
Sold 55,755 shs ($4.83M)
Approx. gross sale proceeds $4.83M
Approx. exercise cost $2.10M
Type Security Shares Price Value
Exercise Employee Stock Option (Right to Buy) F3 7,628 $0.00 $0.00
Exercise Employee Stock Option (Right to Buy) F4 10,684 $0.00 $0.00
Exercise Employee Stock Option (Right to Buy) F5 21,848 $0.00 $0.00
Sale Common Stock, $.25 Par Value F1 19,772 $86.6721 $1.71M
Exercise Common Stock, $.25 Par Value 7,628 $48.075 $367K
Exercise Common Stock, $.25 Par Value 10,684 $59.485 $636K
Exercise Common Stock, $.25 Par Value 21,848 $50.4383 $1.10M
Sale Common Stock, $.25 Par Value F2 35,983 $86.5468 $3.11M
Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock, $.25 Par Value — 30,386 shares (Direct)
Footnotes (5)
  1. F1. The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $86.66 to $86.695. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  2. F2. The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $86.525 to $86.64. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  3. F3. Options (with tax withholding right) granted on April 24, 2019 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became execisable on each of the first, second, third and fourth anniversaries of the grant date.
  4. F4. Options (with tax withholding right) granted on February 20, 2020 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. Options (with tax withholding right) granted on February 18, 2021 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.
Total shares sold 55,755 shares Aggregate Coca-Cola common shares sold on August 6, 2026
Shares sold at $86.6721 19,772 shares Weighted average sale price of $86.6721 per share, with trades from $86.66 to $86.695
Shares sold at $86.5468 35,983 shares Weighted average sale price of $86.5468 per share, with trades from $86.525 to $86.64
Options exercised (total shares) 40,160 shares Total underlying shares from three employee stock option exercises on August 6, 2026
Option exercise price $48.0750 per share Exercise price for 7,628 option shares expiring April 24, 2029
Option exercise price $59.4850 per share Exercise price for 10,684 option shares expiring February 20, 2030
Option exercise price $50.4383 per share Exercise price for 21,848 option shares expiring February 18, 2031
Employee Stock Option financial
"security_title: "Employee Stock Option (Right to Buy)""
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
weighted average sale price financial
"The price is the weighted average sale price of the aggregate number of shares"
tax withholding right financial
"Options (with tax withholding right) granted on April 24, 2019 under The Coca-Cola Company 2014 Equity Plan"
2014 Equity Plan financial
"granted on February 20, 2020 under The Coca-Cola Company 2014 Equity Plan"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did Coca-Cola (KO) executive Luisa Ortega report?

Luisa Ortega reported exercising employee stock options for 40,160 shares of Coca-Cola common stock and selling 55,755 shares on August 6, 2026. The filings detail three option exercises and two sale transactions at weighted average prices in the mid‑$80s per share.

How many Coca-Cola (KO) shares did Luisa Ortega sell and at what prices?

She sold a total of 55,755 shares of Coca-Cola common stock. One block of 19,772 shares had a weighted average price of $86.6721, and another block of 35,983 shares had a weighted average price of $86.5468, across multiple individual trades.

What stock options did Luisa Ortega exercise in the Coca-Cola (KO) Form 4?

She exercised employee stock options covering 7,628, 10,684 and 21,848 shares, totaling 40,160 shares. The options had exercise prices of $48.0750, $59.4850 and $50.4383, respectively, and were granted under The Coca-Cola Company 2014 Equity Plan.

What do the Form 4 footnotes reveal about Luisa Ortega’s Coca-Cola (KO) trades?

The footnotes state the sale prices are weighted average sale prices for aggregates of shares, with individual trades executed in ranges of $86.66–$86.695 and $86.525–$86.64. They also describe the option grants as having a tax withholding right and four-year vesting.

What is Luisa Ortega’s role at Coca-Cola (KO) in this insider filing?

In this insider report, Luisa Ortega is identified as Europe OU President of Coca-Cola. The Form 4 indicates she is not listed as a director, officer in the standard officer list, or 10% owner, but reports transactions in her capacity as a company insider.
SEC Form 4
FORM 4UNITED 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 GEORGIA 30313

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
COCA COLA CO [ KO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
Officer (give title below)XOther (specify below)
Europe OU President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock, $.25 Par Value08/06/2026S19,772D$86.6721(1)26,209D
Common Stock, $.25 Par Value08/06/2026M7,628A$48.07533,837D
Common Stock, $.25 Par Value08/06/2026M10,684A$59.48544,521D
Common Stock, $.25 Par Value08/06/2026M21,848A$50.438366,369D
Common Stock, $.25 Par Value08/06/2026S35,983D$86.5468(2)30,386D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$48.07508/06/2026M7,628 (3)04/24/2029Common Stock, $.25 Par Value7,628$00D
Employee Stock Option (Right to Buy)$59.48508/06/2026M10,684 (4)02/20/2030Common Stock, $.25 Par Value10,684$00D
Employee Stock Option (Right to Buy)$50.438308/06/2026M21,848 (5)02/18/2031Common Stock, $.25 Par Value21,848$00D
Explanation of Responses:
1. The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $86.66 to $86.695. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
2. The price is the weighted average sale price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $86.525 to $86.64. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
3. Options (with tax withholding right) granted on April 24, 2019 under The Coca-Cola Company 2014 Equity Plan. One-fourth of grant became execisable on each of the first, second, third and fourth anniversaries of the grant date.
4. Options (with tax withholding right) granted on February 20, 2020 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. Options (with tax withholding right) granted on February 18, 2021 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.
/s/ Luisa Ortega08/07/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)