Form 4: Coca-Cola Executive Erin L. May Reports Stock Transactions

Erin L. May, SVP, Chief Accounting Officer of The Coca-Cola Company, reports the withholding of shares to cover tax liabilities and shares credited to her 401(k) plan.

Summary

• On February 10, 2025, Erin L. May, SVP, Chief Accounting Officer of The Coca-Cola Company, filed a Form 4.
• The filing reports the withholding of 2,155 shares of common stock at a price of $63.84 to satisfy tax liabilities upon the vesting and release of restricted stock units.
• It also reports 385 shares credited to May's account under The Coca-Cola Company 401(k) Plan as of February 10, 2025.
• Following these transactions, May directly owns 12,403 shares of Coca-Cola common stock.
• May also indirectly owns 302 hypothetical shares through a supplemental 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies like Coca-Cola. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies, such as Coca-Cola, Apple, and Microsoft.
• The transactions reported, including tax withholdings and 401(k) contributions, are typical forms of compensation and wealth management for executives.
• The level of detail provided in the Form 4 is consistent with SEC requirements and industry norms.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
• The filing provides transparency to stakeholders regarding executive stock ownership.

Key Dates

Keywords

Form 4, Coca-Cola, Stock Transaction, Erin L. May, 401(k), Tax Liabilities, Equity Plan