ARROYO MANUEL 4

What Happened Manuel Arroyo, Executive Vice President of The Coca‑Cola Company, received a grant of 81,358 derivative awards (stock options) on February 26, 2026. The awards were recorded at $0.00 per share (no cash paid) and are disclosed as a grant/award (Form 4 code A). This is a grant of options under the company's 2024 Equity Plan rather than an open‑market purchase or sale.

Key Details

• Transaction date: February 26, 2026; Grant type: Award/Grant (derivative)
• Quantity: 81,358 option awards; reported price: $0.00; total reported value: $0
• Vesting: One‑fourth vests on each of Feb 26, 2027; Feb 29, 2028; Feb 28, 2029; and Feb 28, 2030 (per filing footnote)
• Tax treatment: Options granted with tax‑withholding rights (per footnote)
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: No late‑filing flag indicated in the provided record

Context These are time‑vested option grants (derivative awards). They do not reflect an immediate cash purchase or sale and do not indicate any immediate disposition of shares. For retail investors, grants are common as part of executive compensation and should be interpreted as part of pay, not a direct buy/sell market signal.