STOCK TITAN

[Form 4] COCA COLA CO Insider Trading Activity

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

Rhea-AI Filing Summary

GAYNER THOMAS SINNICKSON reported acquisition or exercise transactions in this Form 4 filing.

COCA COLA CO director Thomas Sinnickson Gayner received a grant of 3,825.3528 Phantom Share Units on 2026-04-01. Each phantom unit is economically equivalent to one share of common stock and is credited under The Coca-Cola Company Directors' Plan for 2026 compensation, which may include voluntary deferred compensation. The grant increased his phantom share unit balance to 15,232.3126 units, which are settled in cash after he leaves the Board under the plan’s timing rules. Separately, his directly held common stock position is reported at 5,200 shares following the transactions.

Positive

  • None.

Negative

  • None.
Insider GAYNER THOMAS SINNICKSON
Role Director
Type Security Shares Price Value
Grant/Award Phantom Share Units 3,825.353 $75.81 $290K
holding Common Stock, $.25 Par Value -- -- --
Holdings After Transaction: Phantom Share Units — 15,232.313 shares (Direct); Common Stock, $.25 Par Value — 5,200 shares (Direct)
Footnotes (1)
  1. Exhibit Index - Exhibit No. 24 - Power of Attorney Each phantom share unit is economically equivalent to one share of Common Stock. Phantom share units credited to the reporting person under The Coca-Cola Company Directors' Plan effective June 1, 2025 (the "Directors' Plan") for 2026 compensation, which may include voluntary deferred compensation. The phantom share units credited under the Directors' Plan are settled in cash the later of (i) January 15 of the year following the year in which the reporting person leaves the Board, or (ii) six months following the date on which the reporting person leaves the Board. This number includes phantom share units accrued through April 1, 2026 under the Directors' Plan as a result of crediting phantom dividends.
Phantom units granted 3,825.3528 units Phantom Share Units granted on 2026-04-01
Reference price per phantom unit $75.8100 Transaction price per Phantom Share Unit
Total phantom units after grant 15,232.3126 units Phantom Share Units credited under Directors' Plan through April 1, 2026
Common stock holdings 5,200 shares Common Stock, $.25 par value, held directly after reported transactions
Conversion price $0.0000 Conversion or exercise price for Phantom Share Units
Phantom Share Units financial
"Each phantom share unit is economically equivalent to one share of Common Stock."
Directors' Plan financial
"Phantom share units credited to the reporting person under The Coca-Cola Company Directors' Plan effective June 1, 2025"
phantom dividends financial
"includes phantom share units accrued through April 1, 2026 under the Directors' Plan as a result of crediting phantom dividends."
settled in cash financial
"The phantom share units credited under the Directors' Plan are settled in cash"
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*
GAYNER THOMAS SINNICKSON

(Last)(First)(Middle)
C/O 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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 Value5,200D(1)
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
Phantom Share Units$0(2)04/01/2026A3,825.3528(3) (4) (4)Common Stock, $.25 Par Value3,825.3528$75.8115,232.3126(5)D
Explanation of Responses:
1. Exhibit Index - Exhibit No. 24 - Power of Attorney
2. Each phantom share unit is economically equivalent to one share of Common Stock.
3. Phantom share units credited to the reporting person under The Coca-Cola Company Directors' Plan effective June 1, 2025 (the "Directors' Plan") for 2026 compensation, which may include voluntary deferred compensation.
4. The phantom share units credited under the Directors' Plan are settled in cash the later of (i) January 15 of the year following the year in which the reporting person leaves the Board, or (ii) six months following the date on which the reporting person leaves the Board.
5. This number includes phantom share units accrued through April 1, 2026 under the Directors' Plan as a result of crediting phantom dividends.
/s/ Thomas Sinnickson Gayner04/03/2026
** 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)

FAQ

What did KO director Thomas Gayner report in this Form 4?

He reported receiving 3,825.3528 Phantom Share Units as part of 2026 director compensation. These units are equivalent in value to common stock and are credited under The Coca-Cola Company Directors' Plan, increasing his phantom unit balance to 15,232.3126 units.

What are Phantom Share Units in the KO Form 4 filing?

Phantom Share Units are bookkeeping units economically equivalent to one share of Coca-Cola common stock. They track the value of the stock and phantom dividends but are settled in cash under The Coca-Cola Company Directors' Plan rather than delivering actual shares.

How many KO Phantom Share Units does Thomas Gayner hold after this grant?

After the 3,825.3528-unit grant, he holds 15,232.3126 Phantom Share Units. This figure includes phantom share units accrued through April 1, 2026 under the Directors' Plan, including amounts credited from phantom dividends on those units.

When will the KO Phantom Share Units be settled for Thomas Gayner?

The phantom share units are settled in cash after he leaves the Board. Payment occurs on the later of January 15 of the year following his Board departure or six months after the date he leaves, consistent with the Directors' Plan rules.

How many KO common shares does Thomas Gayner directly own after this filing?

The filing reports that he directly holds 5,200 shares of Coca-Cola common stock after the reported transactions. This common stock holding is separate from his 15,232.3126 Phantom Share Units, which are cash-settled and do not represent actual share ownership.

Is the KO Phantom Share Unit grant an open-market purchase or sale?

No. The 3,825.3528 Phantom Share Units were received as a grant or award under the Directors' Plan. The transaction is coded as an acquisition of derivative securities for compensation, not an open-market buy or sell transaction in Coca-Cola common stock.