Coca-Cola Co. Files Definitive Proxy Statement (DEF 14A)

Ticker: KO · Form: DEF 14A · Filed: 2024-03-18T00:00:00.000Z

Sentiment: neutral

Topics: Coca-Cola, DEF 14A, Proxy Statement, Executive Compensation, Equity Awards

TL;DR

<b>Coca-Cola Co. files its Definitive Proxy Statement detailing executive compensation and award adjustments.</b>

AI Summary

COCA COLA CO (KO) filed a Proxy Statement (DEF 14A) with the SEC on March 18, 2024. Filing is a Definitive Proxy Statement (DEF 14A) for Coca-Cola Co. The filing covers the period ending May 1, 2024. Coca-Cola Co. is incorporated in Delaware with its principal executive offices in Atlanta, GA. The filing includes data related to executive compensation, specifically pension and equity awards for PEO and Non-PEO members. The filing details adjustments and fair values for equity awards granted in current and prior years.

Why It Matters

For investors and stakeholders tracking COCA COLA CO, this filing contains several important signals. This filing provides crucial information for shareholders regarding executive compensation, which can influence voting decisions on proposals. Details on equity awards and pension values are important for understanding the total compensation packages of key executives and potential dilution effects.

Risk Assessment

Risk Level: — COCA COLA CO shows moderate risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant operational changes that would indicate high risk.

Analyst Insight

Shareholders should review the executive compensation details and any proposed resolutions to inform their voting strategy.

Key Numbers

2024-05-01 — Report Period End Date (Conformed Period of Report)
2024-03-18 — Filing Date (Filed as of Date)
2023-12-31 — Fiscal Year End (Fiscal Year End)

Key Players & Entities

COCA COLA CO (company) — Filer
ATLANTA (location) — Business Address City
GA (location) — Business Address State
DE (location) — State of Incorporation

FAQ

When did COCA COLA CO file this DEF 14A?

COCA COLA CO filed this Proxy Statement (DEF 14A) with the SEC on March 18, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by COCA COLA CO (KO).

Where can I read the original DEF 14A filing from COCA COLA CO?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by COCA COLA CO.

What are the key takeaways from COCA COLA CO's DEF 14A?

COCA COLA CO filed this DEF 14A on March 18, 2024. Key takeaways: Filing is a Definitive Proxy Statement (DEF 14A) for Coca-Cola Co.. The filing covers the period ending May 1, 2024.. Coca-Cola Co. is incorporated in Delaware with its principal executive offices in Atlanta, GA..

Is COCA COLA CO a risky investment based on this filing?

Based on this DEF 14A, COCA COLA CO presents a moderate-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant operational changes that would indicate high risk.

What should investors do after reading COCA COLA CO's DEF 14A?

Shareholders should review the executive compensation details and any proposed resolutions to inform their voting strategy. The overall sentiment from this filing is neutral.

How does COCA COLA CO compare to its industry peers?

Coca-Cola Co. operates in the beverages industry, a sector characterized by strong brand loyalty and global distribution networks.

Are there regulatory concerns for COCA COLA CO?

The filing is subject to SEC regulations governing proxy solicitations and corporate disclosures.

Industry Context

Coca-Cola Co. operates in the beverages industry, a sector characterized by strong brand loyalty and global distribution networks.

Regulatory Implications

The filing is subject to SEC regulations governing proxy solicitations and corporate disclosures.

What Investors Should Do

Review the detailed executive compensation tables for PEO and Non-PEO members.
Analyze the adjustments and fair value calculations for equity awards.
Understand any proposals being put forth for shareholder vote.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard proxy statement and does not represent a change from previous filings of the same type.

From the Filing

0001558370-24-003468.txt : 20240318 0001558370-24-003468.hdr.sgml : 20240318 20240318100048 ACCESSION NUMBER: 0001558370-24-003468 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 220 CONFORMED PERIOD OF REPORT: 20240501 FILED AS OF DATE: 20240318 DATE AS OF CHANGE: 20240318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COCA COLA CO CENTRAL INDEX KEY: 0000021344 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 580628465 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-02217 FILM NUMBER: 24757245 BUSINESS ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 BUSINESS PHONE: 404-676-2121 MAIL ADDRESS: STREET 1: ONE COCA COLA PLAZA CITY: ATLANTA STATE: GA ZIP: 30313 DEF 14A 1 ko-20240501xdef14a.htm DEF 14A 0000021344 false DEF 14A COCA COLA CO 0000021344 4 2023-01-01 2023-12-31 0000021344 3 2023-01-01 2023-12-31 0000021344 2 2023-01-01 2023-12-31 0000021344 1 2023-01-01 2023-12-31 0000021344 2022-01-01 2022-12-31 0000021344 2021-01-01 2021-12-31 0000021344 2020-01-01 2020-12-31 0000021344 ko:PensionValueInCompensationTableForTheApplicableYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:PensionValueInCompensationTableForTheApplicableYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:PensionAdjustmentsServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:PensionAdjustmentsServiceCostMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:PensionAdjustmentsPriorServiceCostMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:PensionAdjustmentsPriorServiceCostMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsValueInCompensationTableForTheApplicableYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsValueInCompensationTableForTheApplicableYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsYearEndFairValueOfAwardsGrantedInCurrentYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsDividendsOrOtherEarningsPaidOnEquityAwardsNotOtherwiseReflectedInFairValueMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsDividendsOrOtherEarningsPaidOnEquityAwardsNotOtherwiseReflectedInFairValueMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsChangeInFairValueAsOfYearEndOfOutstandingAndUnvestedAwardsGrantedInPriorYearsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfPriorYearAwardsVestedDuringCurrentYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfCurrentAwardsVestedDuringCurrentYearMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsChangeInFairValueAsOfVestingDateOfCurrentAwardsVestedDuringCurrentYearMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsAdjustmentsForEquityAwardsFailedToMeetPerformanceConditionsMember ecd:PeoMember 2023-01-01 2023-12-31 0000021344 ko:EquityAwardsAdjustmentsAdjustmentsForEquityAwardsFailedToMeetPerformanceConditionsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0000021344 ko:PensionValueInCompensationTableForTheApplicableYearMember ecd:PeoMember 2022-01-01 2022-12-31 0000021344 ko:PensionValueInCompensationTableForTheApplicableYearMember ecd:NonPeoNeoMember 2022-01-01 2022-12-31 0000021344 ko:PensionAdjust