Form 4: Coca-Cola Executive Manuel Arroyo Reports Stock Transactions
SEC Filing
Executive Vice President Manuel Arroyo reports acquisition and disposal of Coca-Cola Company stock related to performance share units.
Summary
- Manuel Arroyo, an Executive Vice President at The Coca-Cola Company, filed a Form 4 detailing changes in beneficial ownership of company stock.
- On February 20, 2025, Arroyo acquired 94,285 shares of common stock at $0 related to the release of performance share units from the 2022-2024 program.
- On the same day, 42,112 shares were disposed of at $70.07 to cover tax liabilities associated with the released performance share units.
- Following these transactions, Arroyo directly owns 197,756 shares of Coca-Cola common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock acquisition and disposal related to performance share units. |
| 02/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Manuel Arroyo, Coca-Cola, KO, Executive Compensation, Performance Share Units
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