Form 4: Coca-Cola Director Maria Elena Lagomasino Reports Changes in Beneficial Ownership

Maria Elena Lagomasino, a director of Coca-Cola, reported the acquisition of phantom share units related to director compensation.

Summary

• On April 1, 2025, Maria Elena Lagomasino, a director of The Coca-Cola Company, acquired 4,053.1097 phantom share units under The Coca-Cola Company Directors' Plan.
• These units are related to 2025 compensation and may include voluntary deferred compensation.
• The phantom share units are settled in cash the later of January 15 of the year following the year in which the reporting person leaves the Board, or six months following the date on which the reporting person leaves the Board.
• Following the transaction, Lagomasino beneficially owns 23,631 shares of Common Stock and 120,682.6349 phantom share units.
• The price of the derivative security is $71.55.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership, which is neutral in sentiment. The acquisition of phantom shares is a standard part of director compensation.

Future Outlook

The phantom share units will be settled in cash upon the director's departure from the board, according to the terms of the Directors' Plan.

Industry Context

Reporting of beneficial ownership changes is a standard practice for corporate insiders, ensuring transparency and compliance with SEC regulations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director Compensation, Phantom Share Units, Coca-Cola, Lagomasino, KO