Form 4: Coca-Cola Executive Lisa Chang Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Lisa Chang reports the acquisition and disposal of Coca-Cola shares, including option exercises and sales, as of August 6, 2024.
Summary
- Lisa Chang, an Executive Vice President at The Coca-Cola Company, filed a Form 4 detailing changes in beneficial ownership.
- On August 6, 2024, Chang exercised an employee stock option to acquire 58,122 shares of Coca-Cola common stock at a price of $48.075 per share.
- On the same day, Chang sold 58,122 shares at a weighted average price of $68.5083 per share, with prices ranging from $68.50 to $68.555.
- Following these transactions, Chang directly owns 74,067 shares of Coca-Cola common stock.
- Chang also indirectly owns 3,215 shares through her husband and 4,435 shares through The Coca-Cola Company 401(k) Plan.
- Additionally, Chang indirectly owns 3,915 hypothetical shares through a supplemental 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's perspective on the company's performance and future prospects.
Key Dates
| Date | Description |
|---|---|
| 04/24/2019 | Option granted under The Coca-Cola Company 2014 Equity Plan. |
| 04/24/2020 | One-fourth of option grant became exercisable. |
| 02/21/2021 | One-fourth of option grant became exercisable. |
| 02/21/2022 | One-fourth of option grant became exercisable. |
| 02/21/2023 | One-fourth of option grant became exercisable. |
| 04/24/2029 | Expiration date of the employee stock option. |
| 08/06/2024 | Date of stock option exercise and stock sale. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.