Form 4: Coca-Cola CFO John Murphy Reports Changes in Beneficial Ownership

Coca-Cola's CFO, John Murphy, reports acquisition and disposal of company stock, including shares from performance share units and those withheld for tax liabilities.

Summary

• On February 20, 2025, John Murphy, the President and CFO of The Coca-Cola Company, reported changes in his beneficial ownership of Coca-Cola stock.
• He acquired 86,436 shares of common stock related to the release of performance share units under the 2022-2024 program.
• 36,529 shares were disposed of to cover tax liabilities associated with the release of these performance share units at a price of $70.07 per share.
• Following these transactions, Murphy directly owns 255,415 shares.
• He also indirectly owns 107,400 shares through a trust, 2,407 shares through his wife, and 898 shares through a 401(k) plan.
• Additionally, he indirectly owns 6,713 hypothetical shares through a supplemental 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like Coca-Cola, similar to filings made by executives at PepsiCo (PEP) or Keurig Dr Pepper (KDP).
• The reporting requirements and timelines are consistent across companies and regulated by the SEC.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a key executive.
• It assures stakeholders that executive compensation is tied to company performance through performance share units.

Key Dates

Keywords

Coca-Cola, John Murphy, beneficial ownership, stock, performance share units, Form 4, CFO, KO