STOCK TITAN

Coca-Cola (NYSE: KO) exec exercises options, sells 75,727 shares under 10b5-1 plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Coca-Cola (KO) reporting person Bruno Pietracci, President, Latin America OU, exercised employee stock options for 75,727 shares on July 28, 2026 and sold the same number of common shares. The sales were effected under a Rule 10b5-1 trading plan established on March 5, 2025, including 35,393 shares at $89.60 per share and 40,334 shares sold in multiple transactions at prices ranging from $89.60 to $89.76 per share. After these transactions, 44,608 shares are reported as held indirectly through a corporation in which he and his spouse indirectly hold 100% of the economic interest and over which he has investment control.

Positive

  • None.

Negative

  • None.
Insider Pietracci Bruno
Role Insider
Sold 75,727 shs ($6.79M)
Approx. gross sale proceeds $6.79M
Approx. exercise cost $4.14M
Approx. pre-tax spread $2.65M
Type Security Shares Price Value
Exercise Employee Stock Option (Right to Buy) F4 35,393 $0.00 $0.00
Exercise Employee Stock Option (Right to Buy) F5 40,334 $0.00 $0.00
Exercise Common Stock, $.25 Par Value 35,393 $59.485 $2.11M
Sale Common Stock, $.25 Par Value F1 35,393 $89.60 $3.17M
Exercise Common Stock, $.25 Par Value 40,334 $50.4383 $2.03M
Sale Common Stock, $.25 Par Value F1, F2 40,334 $89.6864 $3.62M
holding Common Stock, $.25 Par Value F3 -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock, $.25 Par Value — 0 shares (Direct); Common Stock, $.25 Par Value — 44,608 shares (Indirect, By Corporation)
Footnotes (5)
  1. F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 5, 2025.
  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 $89.60 to $89.76. 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. Shares held by a corporation in which the reporting person and his spouse indirectly hold 100% of the economic interest and over which the reporting person has investment control.
  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 75,727 shares Common shares sold on July 28, 2026 across two transactions
First sale price $89.60 per share Price for 35,393 common shares sold on July 28, 2026
Second sale price range $89.60–$89.76 per share Range of prices for 40,334 shares sold in multiple transactions
2020 option exercise price $59.4850 per share Exercise price for 35,393 options granted February 20, 2020
2021 option exercise price $50.4383 per share Exercise price for 40,334 options granted February 18, 2021
Indirect holdings after transactions 44,608 shares Common shares held indirectly through a corporation after July 28, 2026
Rule 10b5-1 trading plan regulatory
"The sale reported ... was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price is the weighted average sale price of the aggregate number of shares"
The Coca-Cola Company 2014 Equity Plan financial
"Options ... granted ... under The Coca-Cola Company 2014 Equity Plan"
tax withholding right financial
"Options (with tax withholding right) granted on February 20, 2020"
indirectly hold 100% of the economic interest financial
"Shares held by a corporation in which the reporting person and his spouse indirectly hold 100% of the economic interest"

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FAQ

What insider transaction did Bruno Pietracci report for Coca-Cola (KO)?

Bruno Pietracci reported exercising employee stock options for 75,727 shares of Coca-Cola common stock and selling the same number of shares on July 28, 2026. The transactions involved converting stock options into shares, then disposing of those shares through coded sale transactions.

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

He sold a total of 75,727 shares. This included 35,393 shares at $89.60 per share and 40,334 shares sold in multiple trades at prices ranging from $89.60 to $89.76 per share, with the reported price being a weighted average for that second block.

Were Bruno Pietracci’s Coca-Cola (KO) share sales made under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan established on March 5, 2025. Rule 10b5-1 plans are pre-arranged trading programs that allow insiders to sell shares according to predetermined instructions, reducing discretion over trade timing.

What stock options did Bruno Pietracci exercise in this Coca-Cola (KO) Form 4?

He exercised options for 35,393 shares at an exercise price of $59.4850 per share from a grant dated February 20, 2020, and 40,334 shares at $50.4383 per share from a grant dated February 18, 2021, both under The Coca-Cola Company 2014 Equity Plan.

Does Bruno Pietracci still hold Coca-Cola (KO) shares after these transactions?

Yes. After the reported transactions, 44,608 shares of Coca-Cola common stock are reported as held indirectly through a corporation in which he and his spouse indirectly hold 100% of the economic interest and over which he has investment control, according to the filing footnote.

How are the Coca-Cola (KO) share sales in this Form 4 coded?

The two sales of common stock are coded as transaction type “S”, described as a sale in open market or private transaction. They involve 35,393 and 40,334 shares respectively, both on July 28, 2026, following option exercises coded as “M” for derivative security exercises.
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).
X
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*
Pietracci Bruno

(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)
President, Latin America OU
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026
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 Value07/28/2026M35,393A$59.48535,393D
Common Stock, $.25 Par Value07/28/2026S(1)35,393D$89.60D
Common Stock, $.25 Par Value07/28/2026M40,334A$50.438340,334D
Common Stock, $.25 Par Value07/28/2026S(1)40,334D$89.6864(2)0D
Common Stock, $.25 Par Value44,608IBy Corporation(3)
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)$59.48507/28/2026M35,393 (4)02/20/2030Common Stock, $.25 Par Value35,393$00D
Employee Stock Option (Right to Buy)$50.438307/28/2026M40,334 (5)02/18/2031Common Stock, $.25 Par Value40,334$00D
Explanation of Responses:
1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on March 5, 2025.
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 $89.60 to $89.76. 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. Shares held by a corporation in which the reporting person and his spouse indirectly hold 100% of the economic interest and over which the reporting person has investment control.
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/ Bruno Pietracci07/28/2026
** 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)