Coca-Cola (KO) EVP Nancy Quan exercises options and sells 31,625 shares at about $80.93

Rhea-AI Filing Summary

Coca-Cola Executive Vice President Nancy Quan reported an exercise-and-sell transaction in company stock. On May 15, 2026, she exercised options to acquire 31,625 shares of common stock at $45.435 per share, then sold 31,625 shares in open-market transactions at a weighted average price of about $80.93, with individual sale prices ranging from $80.91 to $80.97.

Following these transactions, Quan directly holds 223,330 shares of Coca-Cola common stock. She also has indirect retirement-related exposure through 5,888 shares credited to her account under The Coca-Cola Company 401(k) Plan and 11,838 hypothetical shares in a supplemental 401(k) plan, each hypothetical share equal to one share of common stock.

Insights

Equity compensation and insider-trading analyst

Routine option exercise paired with a same-day sale, leaving a sizable remaining stake.

The filing shows Nancy Quan exercised employee stock options for 31,625 shares at an exercise price of $45.435 and sold the same number of Coca-Cola shares around $80.93. This is a classic exercise-and-sell pattern converting option value into cash.

After these trades she still directly owns 223,330 shares, plus retirement-related holdings and hypothetical shares linked to common stock. The sale represents only a portion of her disclosed equity exposure, suggesting a liquidity event rather than a wholesale reduction of her position based on the information provided here.

Insider Trade Summary

Net Seller: 31,625 shares ($2,559,519)

Net Sell 5 txns

Insider QUAN NANCY

Role Executive Vice President

Sold 31,625 shs ($2.56M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	31,625	$0.00	--
Exercise	Common Stock, $.25 Par Value	31,625	$45.435	$1.44M
Sale	Common Stock, $.25 Par Value	31,625	$80.9334	$2.56M
holding	Hypothetical Shares	--	--	--
holding	Common Stock, $.25 Par Value	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct, null); Common Stock, $.25 Par Value — 254,955 shares (Direct, null); Hypothetical Shares — 11,838 shares (Indirect, By Supplemental 401(k) Plan); Common Stock, $.25 Par Value — 5,888 shares (Indirect, By 401(k) Plan)

Footnotes (1)

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 $80.91 to $80.97. 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. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of May 15, 2026. Each hypothetical share is equal to one share of common stock of The Coca-Cola Company. There is no data applicable with respect to the hypothetical shares. As of May 15, 2026. Options (with tax withholding right) granted on February 21, 2019 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.

Key Figures

Shares sold: 31,625 shares Weighted average sale price: $80.9334 per share Option exercise price: $45.435 per share +4 more

7 metrics

Shares sold 31,625 shares Open-market sale on May 15, 2026

Weighted average sale price $80.9334 per share Sales between $80.91 and $80.97

Option exercise price $45.435 per share Employee stock option exercise for 31,625 shares

Direct shares after transaction 223,330 shares Common stock holdings following May 15, 2026 trades

401(k) Plan shares 5,888 shares Credited under The Coca-Cola Company 401(k) Plan as of May 15, 2026

Hypothetical shares 11,838 hypothetical shares Supplemental 401(k) plan, each equal to one common share

Net buy/sell direction -31,625 shares Net-sell according to transaction summary

Key Terms

weighted average sale price, 401(k) Plan, hypothetical shares, Employee Stock Option (Right to Buy), +1 more

5 terms

weighted average sale price financial

"The price is the weighted average sale price of the aggregate number of shares that were sold"

401(k) Plan financial

"Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

hypothetical shares financial

"Each hypothetical share is equal to one share of common stock of The Coca-Cola Company"

Employee Stock Option (Right to Buy) financial

"Employee Stock Option (Right to Buy)"

2014 Equity Plan financial

"Options (with tax withholding right) granted on February 21, 2019 under The Coca-Cola Company 2014 Equity Plan"

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^*

QUAN NANCY

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.25 Par Value	05/15/2026		M		31,625	A	$45.435	254,955	D
Common Stock, $.25 Par Value	05/15/2026		S		31,625	D	$80.9334(1)	223,330	D
Common Stock, $.25 Par Value								5,888(2)	I	By 401(k) Plan

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
Hypothetical Shares	(3)							(4)	(4)	Common Stock, $.25 Par Value	11,838		11,838(5)	I	By Supplemental 401(k) Plan
Employee Stock Option (Right to Buy)	$45.435	05/15/2026		M			31,625	(6)	02/21/2029	Common Stock, $.25 Par Value	31,625	$0	0	D

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 $80.91 to $80.97. 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. Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, as of May 15, 2026.

3. Each hypothetical share is equal to one share of common stock of The Coca-Cola Company.

4. There is no data applicable with respect to the hypothetical shares.

5. As of May 15, 2026.

6. Options (with tax withholding right) granted on February 21, 2019 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/ Anita Jane Kamenz, Attorney-in-fact for Nancy Quan	05/19/2026
	** 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.
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 insider transaction did Coca-Cola (KO) executive Nancy Quan report?

Nancy Quan reported exercising options for 31,625 Coca-Cola shares at $45.435 and selling 31,625 shares in open-market trades around $80.93. The filing describes this as an option exercise paired with same-day stock sales at prices between $80.91 and $80.97.

How many Coca-Cola (KO) shares did Nancy Quan sell and at what price?

She sold 31,625 Coca-Cola common shares in multiple open-market transactions at a weighted average price of about $80.93. Individual sale prices ranged from $80.91 to $80.97, according to the reported weighted average sale price footnote.

What is Nancy Quan’s remaining direct ownership of Coca-Cola (KO) stock after this Form 4?

After the reported transactions, Nancy Quan directly owns 223,330 shares of Coca-Cola common stock. This figure reflects her position following the option exercise and same-day sale of 31,625 shares disclosed for the May 15, 2026 transaction date.

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

She exercised employee stock options for 31,625 shares at an exercise price of $45.435 per share. The options were granted on February 21, 2019 under The Coca-Cola Company 2014 Equity Plan and vested in four equal annual installments from the grant date.

What indirect Coca-Cola (KO) holdings and hypothetical shares does Nancy Quan report?

Nancy Quan reports 5,888 shares credited to her account under The Coca-Cola Company 401(k) Plan and 11,838 hypothetical shares under a supplemental 401(k) plan. Each hypothetical share equals one Coca-Cola common share, providing additional equity-linked exposure beyond her direct holdings.