Coca-Cola Officer Jennifer Mann Files Form 144 to Sell $16.17M in Common Stock

Executive Summary

On September 28, 2026, Jennifer K. Mann, an Officer of The Coca-Cola Company (KO), filed a Form 144 notice of proposed sale covering 184,117 shares of common stock with an aggregate market value of approximately $16,167,313.77 (~$87.81 per share).

Transaction Details

• Securities Offered: 184,117 common shares.
• Aggregate Market Value: $16,167,313.77.
• Acquisition Origin: Acquired on September 28, 2026, via cash exercise of stock options directly from the issuer.
• Trading Plan: The filing indicates a pre-arranged trading plan adoption date of August 26, 2026 (Rule 10b5-1 plan).
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services.
• Market Impact: The proposed sale represents approximately 0.004% of Coca-Cola's 4.30 billion shares outstanding.

Market Interpretation

While the absolute dollar value of the proposed transaction is significant at over $16.1 million, the sale is tied directly to the exercise of stock options under a 10b5-1 trading plan established about one month prior. Because this represents structured equity compensation realization rather than an open-market discretionary divestment, the trading significance is rated Medium.