Form 4: Coca-Cola Executive Vice President Beatriz R. Perez Reports Stock Transactions

Beatriz R. Perez, Executive Vice President of The Coca-Cola Company, reported the exercise of stock options and subsequent sale of shares on May 6, 2024.

Summary

• On May 6, 2024, Beatriz R. Perez, an Executive Vice President at The Coca-Cola Company, executed transactions involving the company's common stock.
• Perez exercised stock options to acquire 57,298 shares at a price of $41.885 per share.
• Simultaneously, Perez sold 57,298 shares at a weighted average price of $61.9913, with individual sales ranging from $61.955 to $62.11.
• Following these transactions, Perez directly owns 167,107 shares of Coca-Cola common stock.
• Additionally, Perez indirectly owns 22,790 shares through The Coca-Cola Company 401(k) Plan and 10,765 hypothetical shares through the Supplemental 401(k) Plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. These transactions are closely monitored by investors as they can provide insights into management's perspective on the company's future performance.

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.
• Companies like PepsiCo (PEP) and Keurig Dr Pepper (KDP) also have executives who regularly report similar transactions.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• Shareholders may view the transactions as part of the executive's compensation and wealth management strategy.

Key Dates