Coca-Cola Executive Exercises Options and Sells 55,755 Shares
Coca-Cola (NYSE: KO) executive Luisa Ortega, Europe OU President, made significant transactions on August 6, 2026. She exercised employee stock options covering 40,160 shares of common stock at exercise prices ranging from $48.0750 to $50.4383. These options were granted in 2019 and 2021 under The Coca-Cola Company 2014 Equity Plan.
On the same day, Ortega sold a total of 55,755 shares of common stock at weighted average sale prices of $86.6721 and $86.5468. The sales were executed in multiple transactions within specific price ranges.
The exercised options included 7,628 shares expiring on April 24, 2029 with an exercise price of $48.0750, 10,684 option shares expiring February 20, 2030 at $59.4850 per share, and 21,848 option shares expiring February 18, 2031 at $50.4383.
The sale of common stock resulted in approximately $4.83 million in gross proceeds for Ortega, with an approximate exercise cost of $2.10 million.