Form 4: Coca-Cola EVP Nancy Quan's Latest Stock Transactions

Coca-Cola Executive Vice President Nancy Quan reported the withholding of 15,635 shares for tax liabilities and the acquisition of 5,727 shares into her 401(k) plan.

Summary

• Nancy Quan, Executive Vice President of The Coca-Cola Company, reported transactions involving company common stock.
• 15,635 shares of common stock were withheld to cover tax liabilities.
• This withholding occurred upon the vesting of performance share units from the 2023-2025 program, which were issued on February 19, 2026.
• The shares were valued at $80.5 per share for the tax withholding.
• An additional 5,727 shares of common stock were credited to Quan's account under The Coca-Cola Company 401(k) Plan as of February 26, 2026.
• As of February 26, 2026, Quan also holds 11,318 hypothetical shares indirectly through a Supplemental 401(k) Plan, with each hypothetical share equivalent to one common stock share.
• Following these transactions, Quan directly beneficially owns 246,886 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, reflecting routine executive compensation activities and personal financial management without indicating any significant positive or negative operational or strategic developments for the company.

Positives

• The acquisition of 5,727 shares into the 401(k) plan indicates continued investment by an executive in the company's stock.
• The vesting of performance share units (even with tax withholding) signifies the achievement of performance targets for the 2023-2025 program.

Negatives

• 15,635 shares were disposed of to satisfy tax liabilities, reducing direct beneficial ownership.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that executive stock transactions, such as tax-related withholdings and 401(k) contributions, are routine occurrences in publicly traded companies like Coca-Cola. These transactions reflect standard executive compensation practices and personal financial planning rather than broader industry trends or competitive shifts.

Comparison to Industry Standards

• Executive compensation structures, including performance share units and 401(k) plans, are standard across large-cap consumer goods companies.
• Similar practices are observed at PepsiCo (PEP) and Nestlé (NSRGY), where executives also receive equity-based compensation that often involves tax withholdings upon vesting and contributions to retirement plans.
• The reported transactions align with typical executive compensation and tax management strategies in the sector.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, as they represent routine executive compensation and tax management.
• Employees are not directly impacted by these specific executive transactions.
• Customers, suppliers, and creditors are not directly impacted by these insider stock transactions.

Key Dates

Keywords

Coca-Cola, KO, Nancy Quan, SEC Form 4, Insider Trading, Stock Transaction, Executive Compensation, Performance Share Units, 401k Plan, Tax Withholding