Form 4: Coca-Cola COO Henrique Braun Reports Share Transactions
SEC Form 4 Filing
Henrique Braun, Chief Operating Officer of Coca-Cola, reports the acquisition and disposal of company shares, including those related to performance share units and tax liabilities.
Summary
- On February 20, 2025, Henrique Braun, the Chief Operating Officer of Coca-Cola, reported transactions involving Coca-Cola common stock.
- He acquired 41,904 shares upon the release of performance share units under the 2022-2024 program.
- He disposed of 16,627 shares to cover tax liabilities at a price of $70.07 per share.
- Following these transactions, Braun directly owns 77,743 shares and indirectly owns 12,906 shares through a 401(k) plan.
- He also indirectly owns 7,440 hypothetical shares through a supplemental 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing share transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Comparison to Industry Standards
- Comparing Braun's transactions to those of other C-suite executives at peer companies like PepsiCo (PEP) or Keurig Dr Pepper (KDP) would provide context.
- Similar filings from executives at these companies are publicly available and offer benchmarks for share ownership and transaction patterns.
- For example, if other executives are also receiving and selling shares related to performance-based compensation, it would suggest a common practice.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
- Employees participating in similar equity compensation plans may be interested in the details of these transactions.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of earliest transaction: Acquisition and disposal of shares. |
| 02/20/2025 | Shares credited to the reporting person's account under The Coca-Cola Company 401(k) Plan. |
| 02/20/2025 | As of this date, the reporting person indirectly owns 7,440 hypothetical shares through a supplemental 401(k) Plan. |
| 02/24/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, Henrique Braun, Coca-Cola, KO, Share Transactions, Beneficial Ownership, Chief Operating Officer, Performance Share Units, 401(k) Plan
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