Form 4: Coca-Cola Officer Reports Routine Stock Transactions

Coca-Cola's SVP, Chief Accounting Officer, Erin L. May, reported routine stock transactions including shares withheld for taxes and acquisitions through company plans.

Summary

• Erin L. May, SVP, Chief Accounting Officer of The Coca-Cola Company (KO), filed a Form 4 detailing recent stock transactions.
• On February 27, 2026, 5,267 shares of common stock were disposed of at a price of $80.5 per share to satisfy tax liabilities upon the vesting of performance share units.
• These performance share units were issued on February 19, 2026, under the 2023-2025 performance share unit program.
• Following this transaction, Erin L. May directly beneficially owns 38,561 shares of common stock.
• As of February 26, 2026, 586 shares were credited to the reporting person's account under The Coca-Cola Company 401(k) Plan, representing indirect beneficial ownership.
• Additionally, 738 hypothetical shares, each equal to one share of common stock, are indirectly beneficially owned via the Supplemental 401(k) Plan as of February 26, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine compliance report detailing standard executive compensation and investment activities, with no significant positive or negative implications for the company's operational or financial performance.

Positives

• The vesting of performance share units indicates that performance targets for the 2023-2025 program were met, reflecting positively on company and executive performance.
• The acquisition of 586 shares through the 401(k) plan demonstrates continued investment by the executive in the company's equity.

Negatives

• A disposition of 5,267 shares occurred to cover tax liabilities, which reduces the executive's direct beneficial ownership.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard regulatory disclosures for corporate insiders. These transactions, involving tax withholding upon equity vesting and routine 401(k) contributions, are common for executives and do not typically reflect broader industry trends or competitive shifts within the beverage sector.

Stakeholder Impact

• Shareholders: Minimal direct impact, as these are routine insider transactions and do not signal a change in company fundamentals or strategy.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

Coca-Cola, KO, Erin L. May, Form 4, Insider Trading, Stock Transactions, Performance Share Units, 401(k) Plan, Beneficial Ownership, Executive Compensation