Form 4: Coca-Cola CFO John Murphy Adjusts Share Holdings

Coca-Cola President and CFO John Murphy reported changes in his beneficial ownership of company common stock, including trust distributions and transfers to family.

Summary

• John Murphy, President and CFO of The Coca-Cola Company, reported changes in his beneficial ownership of common stock.
• On October 29, 2025, a trust terminated, resulting in the transfer of 33,000 shares of common stock to his children.
• An additional 74,400 shares previously held indirectly by the same trust were distributed to Mr. Murphy and are now reported as directly owned.
• Following these transactions, Mr. Murphy directly owns 279,911 shares of Common Stock, $.25 Par Value.
• He also indirectly owns 2,407 shares through his wife and 1,027 shares through The Coca-Cola Company 401(k) Plan.
• Additionally, 8,761 hypothetical shares are beneficially owned indirectly through a Supplemental 401(k) Plan.

Sentiment

Score: 5

Explanation: The filing reports routine changes in insider beneficial ownership due to trust termination and family transfers, which are neutral in terms of company performance or outlook.

Positives

• John Murphy's direct beneficial ownership increased by 74,400 shares following the distribution from a trust, indicating continued significant personal investment in the company.

Negatives

• 33,000 shares were transferred from a trust to Mr. Murphy's children, reducing his indirect beneficial ownership through the trust to zero. This is a personal transfer, not a sale on the open market.

Future Outlook

NA

Industry Context

This filing is a routine insider ownership report and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• The transfer of 33,000 shares of common stock to the reporting person's children upon the termination of a trust.

Stakeholder Impact

• Shareholders may note the continued significant equity holdings of a key executive, aligning management interests with shareholder value.

Key Dates

Recommendation

This Form 4 details routine insider ownership adjustments related to trust termination and family transfers, not open market transactions or changes in company fundamentals. It does not provide new information warranting a change in investment recommendation.

Keywords

Coca-Cola, KO, John Murphy, Insider Trading, Form 4, Beneficial Ownership, Stock Transaction, CFO, President