Form 4: Coca-Cola Executive Monica Howard Douglas Reports Stock Option Grant and 401(k) Holdings

Executive Vice President Monica Howard Douglas reports acquisition of stock options and holdings in Coca-Cola's 401(k) plan.

Summary

• Monica Howard Douglas, an Executive Vice President at The Coca-Cola Company, filed a Form 4 on March 3, 2025, reporting changes in beneficial ownership.
• On February 27, 2025, Douglas was granted 45,598 employee stock options with an exercise price of $70.9775, which will vest in four equal installments annually starting February 27, 2026.
• The options expire on February 27, 2035.
• As of February 27, 2025, Douglas directly owns 37,725 shares of Coca-Cola common stock.
• Douglas also indirectly owns 6,619 shares through The Coca-Cola Company 401(k) Plan and 3,688 hypothetical shares through the Supplemental 401(k) Plan.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and holdings, indicating stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The grant of stock options aligns the executive's interests with those of the shareholders, incentivizing performance and long-term value creation.

Future Outlook

The document does not contain specific forward-looking statements, but the stock option grant suggests an expectation of continued performance and value creation at Coca-Cola.

Industry Context

Stock option grants are a common practice in executive compensation packages within the beverage industry and are used to align management's interests with shareholder value.

Comparison to Industry Standards

• Executive compensation packages, including stock options, at companies like PepsiCo (PEP) and Keurig Dr Pepper (KDP) often include similar components to incentivize performance.
• The vesting schedules and exercise prices are generally in line with industry norms for large, established companies.

Stakeholder Impact

• The stock option grant aligns executive interests with shareholder value, potentially benefiting shareholders.
• Employees participating in the 401(k) plan also benefit from the company's performance.

Key Dates