Form 4: Coca-Cola CEO James Quincey Reports Stock Transactions
SEC Form 4 Filing
Coca-Cola's Chairman and CEO, James Quincey, reports acquisition and disposal of company stock related to performance share units and tax liabilities.
Summary
- James Quincey, Chairman and CEO of The Coca-Cola Company, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On February 20, 2025, Quincey acquired 259,310 shares of common stock upon the release of performance share units from the 2022-2024 program.
- On the same day, he disposed of 113,875 shares to cover tax liabilities at a price of $70.07 per share.
- Following these transactions, Quincey directly owns 487,981 shares of Coca-Cola common stock.
- He also indirectly owns 44,678 shares through his wife and 8,013 shares through The Coca-Cola Company 401(k) Plan.
- Additionally, he indirectly holds 30,582 hypothetical shares through a supplemental 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting standard executive compensation practices. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of performance-based compensation and subsequent tax-related stock sales, which are common practices among executives.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock acquisition and disposal related to performance share units and tax liabilities. |
| 02/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, James Quincey, Coca-Cola, Stock, Beneficial Ownership, Performance Share Units, Tax Liabilities
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.