Form 4: Coca-Cola Executive Vice President Beatriz R. Perez Executes Stock Option and Sells Shares

Beatriz R. Perez, Executive Vice President of The Coca-Cola Company, exercised stock options and sold shares of common stock on August 8, 2024.

Summary

• On August 8, 2024, Beatriz R. Perez, an Executive Vice President at The Coca-Cola Company, exercised stock options to acquire 35,382 shares of common stock at a price of $43.515 per share.
• Simultaneously, Perez sold 35,382 shares of Coca-Cola common stock at a weighted average price of $68.622, with individual sales ranging from $68.6150 to $68.6250.
• Following these transactions, Perez directly owns 167,107 shares of Coca-Cola common stock.
• Perez also indirectly owns 22,963 shares through The Coca-Cola Company 401(k) Plan and 10,944 hypothetical shares through the Supplemental 401(k) Plan.

Sentiment

Score: 5

Explanation: This is a routine transaction filing, so the sentiment is neutral. It reflects standard executive compensation practices.

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 value and future prospects. This transaction is a routine filing and doesn't necessarily indicate a change in the company's outlook.

Comparison to Industry Standards

• Executive compensation packages often include stock options to align management's interests with those of shareholders.
• The exercise and sale of shares by executives are typical components of these compensation plans.
• Comparing Perez's transactions to those of executives at similar companies like PepsiCo (PEP) or Keurig Dr Pepper (KDP) would provide a broader context, but that data is not available in this document.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
• It provides transparency into executive compensation and ownership.

Key Dates