Insider Selling: CocaCola (NYSE:KO) EVP Sells 100,000 Shares of Stock
MarketBeat
CocaCola Company (The) (NYSE:KO - Get Free Report) EVP Jennifer Mann sold 100,000 shares of the business's stock in a transaction on Friday, June 5th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 207,400 shares of the company's stock, valued at approximately $16,480,004. This trade represents a 32.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:KO
