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

Beatriz R. Perez, Executive Vice President of The Coca-Cola Company, reports the acquisition and disposition of company stock and stock options on May 8, 2025.

Summary

• On May 8, 2025, Beatriz R. Perez, an Executive Vice President at The Coca-Cola Company, filed a Form 4 to report changes in beneficial ownership of the company's stock.
• Perez exercised employee stock options to acquire 60,326 shares at a price of $40.89 per share.
• She then sold 60,326 shares at a weighted average price of $71.8657, with individual sales ranging from $71.8350 to $71.91.
• Following these transactions, Perez directly owns 187,716 shares of Coca-Cola common stock.
• She also indirectly owns 23,639 shares through a 401(k) plan and 11,951 hypothetical shares through a supplemental 401(k) plan.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The exercise of stock options and subsequent sale suggests the executive believes in the company's long-term prospects, as they held the options until they were significantly in the money.
• The sale of shares at a price significantly higher than the exercise price ($71.8657 vs $40.89) resulted in a substantial profit for the executive.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Comparison to Industry Standards

• Executive compensation packages often include stock options to align management's interests with those of shareholders.
• The vesting schedule of the options (one-fourth exercisable annually over four years) is a common practice.
• Executives at comparable companies like PepsiCo (PEP) and Keurig Dr Pepper (KDP) also regularly report similar transactions via Form 4 filings.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• However, transparency in executive stock transactions is important for maintaining investor confidence.

Key Dates

Keywords

Coca-Cola, KO, Beatriz R. Perez, Executive Vice President, Stock Options, Form 4, Beneficial Ownership, Stock Sale, Stock Acquisition, 401(k)