Coca-Cola EVP Beatriz Perez Exercises Options and Sells $6.41M in Shares

Executive Summary

On November 2, 2026, Beatriz R. Perez, Executive Vice President of The Coca-Cola Company (KO), executed option exercises covering an aggregate of 67,548 shares of Common Stock and subsequently sold all exercised shares in the open market. The sales grossed approximately $6.41 million at weighted average prices ranging between $94.84 and $95.02 per share.

Transaction Breakdown

1. Option Exercises (Code M):

   • Exercised 30,681 stock options at an exercise price of $45.435 per share (expiring February 21, 2029).
   • Exercised 36,867 stock options (in tranches of 10,000 and 26,867) at an exercise price of $59.485 per share (expiring February 20, 2030).
   • Total acquisition cost for exercised shares was approximately $3.59 million.

2. Open Market Sales (Code S):

   • Sold 40,681 shares at a weighted average price of $94.8414 per share.
   • Sold 26,867 shares at a weighted average price of $95.0165 per share.
   • Total disposition proceeds: $6,411,052.30.

3. Post-Transaction Ownership:

   • Direct ownership remains at 160,428 shares of Common Stock.
   • Indirect ownership includes 24,804 shares held through the company's 401(k) Plan and 13,292 hypothetical shares held via the Supplemental 401(k) Plan.

Market & Trading Significance

This transaction carries Low predictive trading significance. The transactions represent standard cashless or simultaneous option exercise-and-sale activity, leaving direct baseline holdings unchanged at 160,428 shares.