Harrison Maintains 323,079 Shares in Coca-Cola Consolidated

Ticker: COKE · Form: SC 13G/A · Filed: 2024-01-18T00:00:00.000Z

Sentiment: bullish

Topics: insider-ownership, amendment, beneficial-ownership

TL;DR

**Insider Deborah Harrison still holds over 323K shares of COKE, showing strong conviction!**

AI Summary

Deborah S. Harrison, a key individual associated with Coca-Cola Consolidated, Inc., filed an amended SC 13G/A on January 18, 2024, disclosing her beneficial ownership of 323,079 shares of the company's Common Stock as of December 31, 2023. This represents a significant holding, indicating her continued substantial interest and influence in the company. For investors, this filing confirms that a major insider maintains a considerable stake, which can be a positive signal of confidence in the company's future performance.

Why It Matters

This filing shows that a significant insider, Deborah S. Harrison, continues to hold a substantial number of shares, signaling her ongoing confidence in Coca-Cola Consolidated, Inc.'s prospects.

Risk Assessment

Risk Level: low — The filing indicates stable insider ownership, which generally reduces investment risk by aligning management interests with shareholders.

Analyst Insight

A smart investor would view this stable insider ownership as a positive signal, suggesting confidence from a key individual in the company's long-term value, and might consider it a factor in their own investment decision for Coca-Cola Consolidated, Inc.

Key Numbers

323,079 — Shares Beneficially Owned (Represents Deborah S. Harrison's total sole voting and dispositive power over Coca-Cola Consolidated, Inc. common stock as of December 31, 2023.)
12/31/2023 — Date of Event (The date as of which the beneficial ownership information was reported.)
0000317540 — Central Index Key (CIK) (Unique identifier for Coca-Cola Consolidated, Inc. with the SEC.)
191098102 — CUSIP Number (Unique identification number for Coca-Cola Consolidated, Inc. Common Stock.)

Key Players & Entities

Deborah S. Harrison (person) — Reporting Person, beneficial owner of shares
Coca-Cola Consolidated, Inc. (company) — Issuer of the securities
323,079 (dollar_amount) — Number of shares beneficially owned

Forward-Looking Statements

Deborah S. Harrison will maintain a significant ownership stake in Coca-Cola Consolidated, Inc. (Deborah S. Harrison) — high confidence, target: 12/31/2024

FAQ

Who is the reporting person in this SC 13G/A filing?

The reporting person is Deborah S. Harrison (also noted as Deborah H. Everhart), as stated in Item 1 of the filing.

What is the name of the issuer whose securities are being reported?

The issuer is Coca-Cola Consolidated, Inc., as identified in the 'Name of Issuer' section of the Schedule 13G.

How many shares of Common Stock does Deborah S. Harrison beneficially own with sole voting power?

Deborah S. Harrison beneficially owns 323,079 shares with sole voting power, as reported in Item 5 of the filing.

What was the date of the event which required the filing of this statement?

The date of the event which required the filing of this statement was December 31, 2023, as indicated on the cover page of the Schedule 13G.

What type of securities are covered by this filing?

This filing covers 'Common Stock' of Coca-Cola Consolidated, Inc., as specified under 'Title of Class of Securities' on the cover page.

From the Filing

0001104659-24-004738.txt : 20240118 0001104659-24-004738.hdr.sgml : 20240118 20240118120358 ACCESSION NUMBER: 0001104659-24-004738 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240118 DATE AS OF CHANGE: 20240118 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Coca-Cola Consolidated, Inc. CENTRAL INDEX KEY: 0000317540 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 560950585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-30570 FILM NUMBER: 24540793 BUSINESS ADDRESS: STREET 1: 4100 COCA COLA PLZ CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 9803928298 MAIL ADDRESS: STREET 1: 4100 COCA COLA PLZ CITY: CHARLOTTE STATE: NC ZIP: 28211 FORMER COMPANY: FORMER CONFORMED NAME: COCA COLA BOTTLING CO CONSOLIDATED /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HARRISON DEBORAH S CENTRAL INDEX KEY: 0001236731 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: 4100 COCA COLA PLAZA CITY: CHARLOTTE STATE: NC ZIP: 28211 SC 13G/A 1 tm242073d1_sc13ga.htm SC 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Coca-Cola Consolidated, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 191098102 (CUSIP Number) 12/31/2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: x Rule 13d-1(b) ¨ Rule 13d-1(c) ¨ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. 13G CUSIP No. 191098102 Page 2 of 5 1. Names of Reporting Persons. Deborah S. Harrison (Deborah H. Everhart)* 2. Check the Appropriate Box if a Member of a Group (a) ¨ (b) ¨ 3. SEC Use Only 4. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 323,079 6. Shared Voting Power 7. Sole Dispositive Power 323,079 8. Shared Dispositive Power 9. Aggregate Amount Beneficially Owned by Each Reporting Person 323,079 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨ 11. Percent of Class Represented by Amount in Row (9) 3.4% 12. Type of Reporting Person Individual * Deborah S. Harrison is the maiden name of Deborah H. Everhart 13G CUSIP No. ITEM 1. (a) Name of Issuer: Coca-Cola Consolidated, Inc. (b) Address of Issuer's Principal Executive Offices: 4100 Coca-Cola Plz, Charlotte, NC 28211 ITEM 2. (a) Name of Person Filing: Deborah S. Harrison (b) Address of Principal Business Office, or if None, Residence:  c/o Miller & Martin PLLC, 832 Georgia Avenue Suite 1200, Chattanooga, TN 37402 (c) Citizenship: USA (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 191098102 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c)