This cluster is entirely option-exercise-and-sell activity, not informed selling. No actionable signal for KO. Monitor for any open-market purchases by C-suite as a more meaningful insider signal. The next catalyst is the Q2 2026 earnings release expected in late July.
Price Chart
Executive Summary
Chairman James Quincey and EVP Jennifer Mann executed large-scale option exercises and immediate open-market sales of 444,296 and 80,820 shares respectively, totaling $41.38M in sales over two days. These are classic cashless-exercise-and-sell transactions, where insiders exercise options and sell the resulting shares to cover the exercise cost and taxes. At $342.4B market cap, the $41.38M represents ~0.012% of market cap — well below the 0.1% threshold for materiality. The cluster is routine, non-informative, and consistent with standard equity compensation monetization.
Key Financial Metrics
Key Facts
- Chairman Quincey exercised 444,296 options at $44.475 and sold the shares at ~$80.13, netting ~$34.96M in proceeds
- EVP Mann exercised 80,820 options at $45.435 and sold at $79.46, netting ~$6.42M
- Total open-market sales: $41.38M, representing ~0.012% of KO's $342.4B market cap
- All sales were same-day, cashless exercise-and-sell transactions — no net new cash investment by insiders
- No open-market purchases were made by any insider in this cluster
Financial Impact
Total insider sales of $41.38M represent 0.012% of market cap — trivial and routine for a mega-cap company
Risk Factors
- No material risk identified from this filing
- Routine insider option monetization has no predictive value for stock direction
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-1781020284267 |
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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