These insider sales are routine and non-informative. No bearish read-through. Monitor next 10-Q for fundamental trends; insider activity alone does not warrant a trade.
Price Chart
Executive Summary
Two Coca-Cola insiders sold a combined $3.98M in open-market transactions over a 7-day window. The sales are modest relative to the company's $372B market cap (approximately 0.001%), and the cluster is dominated by derivative exercises and tax-related dispositions by EVP Ortega Luisa, which are routine and non-informative. The net selling direction is not a bearish signal given the trivial proportionality and the liquidity-driven nature of the transactions.
Key Financial Metrics
Key Facts
- Insider cluster: 2 insiders, 9 total transactions over 7 days
- Total open-market sales: $3.98M (0.001% of $372B market cap)
- EVP Luisa Ortega exercised derivatives and sold shares on 2026-08-06; Ray Sanket sold 9,958 shares on 2026-08-10
- Non-cash derivative exercises (M-code) total $2.1M — no economic signal
- Sales are trivial relative to market cap and likely driven by option exercise/tax planning
Financial Impact
Open-market sales of $3.98M represent ~0.001% of market cap — immaterial
Risk Factors
- No material risk identified from this cluster
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-KO-1786526761611 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Institutional Cluster | $93.43 $93.47 | ▲ +0.04% | ▼ −0.29% | $92.70 (−0.78%) |
Aug 24, 2026 9w ago | Insider Cluster | $91.99 $91.64 | ▼ −0.38% | ▼ −0.70% | $92.70 (+0.77%) |
Aug 11, 2026 10w ago | Insider Cluster | $86.48 $86.71 | ▲ +0.27% | ▲ +0.02% | $92.70 (+7.19%) |
Aug 7, 2026 11w ago | Insider Cluster | $87.05 $86.87 | ▼ −0.21% | ▼ −0.18% | $92.70 (+6.49%) |
Aug 3, 2026 12w ago | Insider Cluster | $86.86 $86.55 | ▼ −0.36% | ▼ −2.13% | $92.70 (+6.72%) |
Jul 30, 2026 12w ago | Insider Cluster | $88.49 $87.56 | ▼ −1.06% | ▼ −1.72% | $92.70 (+4.76%) |
Jul 28, 2026 12w ago | 8-K | $88.27 $89.08 | ▲ +0.92% | ▲ +2.46% | $92.70 (+5.02%) |
Jul 16, 2026 14w ago | 8-K | $81.56 $82.12 | ▼ −0.69% | ▼ −0.85% | $92.70 (−13.66%) |
Jun 25, 2026 17w ago | 8-K | $82.63 $82.65 | ▲ +0.02% | ▼ −1.62% | $92.70 (+12.19%) |
Jun 12, 2026 19w ago | Insider Cluster | $82.62 $80.91 | ▼ −2.07% | ▼ −3.83% | $92.70 (+12.20%) |
US Market Status
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