Form 4: Coca-Cola Executive Nikolaos Koumettis Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Nikolaos Koumettis, a Coca-Cola executive, reported the acquisition and disposal of company stock related to performance share units.

Summary

  • On February 20, 2025, Nikolaos Koumettis acquired 52,381 shares of Coca-Cola common stock upon the release of performance share units from the 2022-2024 program.
  • On the same day, 24,352 shares were disposed of to cover tax liabilities related to the released performance share units at a price of $70.07 per share.
  • Following these transactions, Koumettis directly owns 246,909 shares of Coca-Cola common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent 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.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax-related stock disposals.

Key Dates

DateDescription
02/20/2025Date of stock acquisition and disposal related to performance share units.
02/24/2025Date of signature for the Form 4 filing.

Keywords

Coca-Cola, Nikolaos Koumettis, Stock, Form 4, Performance Share Units, Tax Liabilities, Beneficial Ownership

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