Form 4: Coca-Cola Executive Vice President Sells Shares and Reports 401(k) Holdings

Monica Howard Douglas, an Executive Vice President at Coca-Cola, sold 10,950 shares of common stock at an average price of $63.7144 and reported holdings in the company's 401(k) plans.

Summary

• Monica Howard Douglas, an Executive Vice President at The Coca-Cola Company, reported a sale of 10,950 shares of common stock on November 22, 2024.
• The shares were sold at a weighted average price of $63.7144, with individual transaction prices ranging from $63.71 to $63.7250.
• Following the sale, Ms. Douglas directly owns 22,688 shares of Coca-Cola common stock.
• Ms. Douglas also reported indirect ownership of 6,491 shares through The Coca-Cola Company 401(k) Plan.
• Additionally, she holds 3,615 hypothetical shares through the Supplemental 401(k) Plan, which are equivalent to common stock shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment. It is a routine filing.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies like Coca-Cola. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The reported sale is within the normal range of executive stock transactions and is not unusual for a company of Coca-Cola's size and market capitalization.
• Comparable companies in the consumer staples sector also have similar filings when executives trade company stock.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's overall performance.
• The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Coca-Cola, stock sale, executive, Form 4, 401(k), Monica Howard Douglas, share transaction, insider trading