Form 4: Coca-Cola EVP Mann to Receive 46,654 Shares from PSU Vesting

Coca-Cola Executive Vice President Jennifer K. Mann is set to receive 46,654 shares of common stock upon the vesting of performance share units in February 2026.

Summary

• Jennifer K. Mann, Executive Vice President of The Coca-Cola Company, reported changes in her beneficial ownership.
• She is set to acquire 46,654 shares of common stock on February 19, 2026, resulting from the vesting of performance share units from the 2023-2025 program.
• These performance share units will vest on February 27, 2026.
• Following this transaction, her direct beneficial ownership will be 223,918 shares of common stock.
• Additionally, she indirectly beneficially owns 8,169 shares through The Coca-Cola Company 401(k) Plan and 8,636 hypothetical shares (equivalent to common stock) through a Supplemental 401(k) Plan, both as of February 19, 2026.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the successful achievement of performance targets by an executive and an increase in insider ownership, which generally aligns management interests with shareholders.

Positives

• Acquisition of 46,654 shares through performance share unit vesting indicates successful achievement of performance targets.
• Increased insider ownership (beneficial ownership) aligns management interests with shareholders.

Future Outlook

The filing indicates future share acquisition through the vesting of performance share units on February 27, 2026, reflecting a pre-determined compensation event.

Industry Context

StockSavvy.ai notes that executive compensation often includes performance-based equity awards like PSUs, which align executive incentives with long-term company performance and shareholder value creation. This is a standard practice across large, established corporations in the consumer staples sector.

Comparison to Industry Standards

• The use of performance share units (PSUs) as part of executive compensation is a common practice among S&P 500 companies, including peers like PepsiCo (PEP) and Nestlé (NSRGY), to incentivize long-term performance.
• The vesting schedule and award size are typical for an Executive Vice President at a company of Coca-Cola's scale, reflecting competitive compensation structures designed to attract and retain top talent.

Stakeholder Impact

• Shareholders: Increased insider ownership can be seen as a positive signal, aligning executive interests with shareholder value.
• Employees: Reflects the company's executive compensation structure, which includes performance-based equity awards.

Next Steps

• The 46,654 performance share units are scheduled to vest on February 27, 2026.

Key Dates

Recommendation

This Form 4 reports a routine, pre-scheduled vesting of performance share units for an executive. While it indicates successful performance and increased insider alignment, it does not present new information that would fundamentally alter the investment thesis for Coca-Cola, warranting a "hold" recommendation based solely on this filing.

Keywords

Coca-Cola, KO, Jennifer K. Mann, SEC Form 4, Insider Trading, Performance Share Units, PSU, Stock Vesting, Executive Compensation, Beneficial Ownership