Form 4: Coca-Cola Co. Reports Sale of Coca-Cola Consolidated Shares
SEC Form 4 Filing
Coca-Cola Co. reports the sale of 598,619 shares of Coca-Cola Consolidated, Inc. at $925 per share on July 5, 2024.
Summary
- On July 5, 2024, Coca-Cola Co. sold 598,619 shares of Coca-Cola Consolidated, Inc. (COKE) at a price of $925 per share.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Coca-Cola Co. indirectly owns 1,883,546 shares through its subsidiary, Carolina Coca-Cola Bottling Investments, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.
Management Comments
- John Murphy, President and Chief Financial Officer of The Coca-Cola Company, signed the report.
Industry Context
This transaction reflects changes in the ownership structure of Coca-Cola Consolidated, Inc., a major bottler in the Coca-Cola system. Such transactions are common and can be driven by various strategic and financial considerations of the selling entity.
Key Dates
| Date | Description |
|---|---|
| 07/05/2024 | Date of transaction: Sale of 598,619 shares of Coca-Cola Consolidated, Inc. |
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