Coca-Cola Files 8-K on Executive Changes and Debt

Ticker: KO · Form: 8-K · Filed: 2024-10-17T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, debt-issuance, filing

TL;DR

Coca-Cola's 8-K drops today: new execs, new pay plans, and a bunch of new debt notes.

AI Summary

On October 17, 2024, The Coca-Cola Company filed an 8-K detailing several executive appointments and compensatory arrangements. The filing also includes information on various debt issuances, such as "A1.875NotesDue2026" and "A3.375NotesDue2033", indicating ongoing financial activities and management changes.

Why It Matters

This filing signals potential shifts in leadership and provides insight into Coca-Cola's capital structure and financing strategies through its various note issuances.

Risk Assessment

Risk Level: low — The filing primarily concerns routine executive appointments and debt issuances, which are standard corporate actions and do not indicate significant new risks.

Key Players & Entities

FAQ

What specific executive positions were affected by the changes reported in this 8-K?

The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers', but the specific names and positions are not detailed in the provided text.

What is the maturity date for the 'A1.875NotesDue2026'?

The 'A1.875NotesDue2026' is a debt instrument with a maturity date in 2026.

What is the interest rate for the 'A3.375NotesDue2033'?

The 'A3.375NotesDue2033' is a debt instrument with an interest rate of 3.375%.

What is the filing date of this 8-K report?

This 8-K report was filed on October 17, 2024.

What is the Standard Industrial Classification (SIC) code for The Coca-Cola Company?

The Standard Industrial Classification (SIC) code for The Coca-Cola Company is 2080, which corresponds to BEVERAGES.

From the Filing

0000021344-24-000051.txt : 20241017 0000021344-24-000051.hdr.sgml : 20241017 20241017141459 ACCESSION NUMBER: 0000021344-24-000051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241017 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241017 DATE AS OF CHANGE: 20241017 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02217 FILM NUMBER: 241377133 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 8-K 1 ko-20241017.htm 8-K ko-20241017 0000021344 False 0000021344 2024-10-17 2024-10-17 0000021344 ko:CommonStock0.25ParValueMember 2024-10-17 2024-10-17 0000021344 ko:A1.875NotesDue2026Member 2024-10-17 2024-10-17 0000021344 ko:A0.750NotesDue2026Member 2024-10-17 2024-10-17 0000021344 ko:A1.125NotesDue2027Member 2024-10-17 2024-10-17 0000021344 ko:A125NotesDue2029KO29AMember 2024-10-17 2024-10-17 0000021344 ko:A125NotesDue2029KO29BMember 2024-10-17 2024-10-17 0000021344 ko:A0400NotesDue2030Member 2024-10-17 2024-10-17 0000021344 ko:A1.250NotesDue2031Member 2024-10-17 2024-10-17 0000021344 ko:A3.125NotesDue2032Member 2024-10-17 2024-10-17 0000021344 ko:A375NotesDue2033Member 2024-10-17 2024-10-17 0000021344 ko:A500NotesDue2033Member 2024-10-17 2024-10-17 0000021344 ko:A1.625NotesDue2035Member 2024-10-17 2024-10-17 0000021344 ko:A1.100NotesDue2036Member 2024-10-17 2024-10-17 0000021344 ko:A0950NotesDue2036Member 2024-10-17 2024-10-17 0000021344 ko:A3.375NotesDue2037Member 2024-10-17 2024-10-17 0000021344 ko:A800NotesDue2040Member 2024-10-17 2024-10-17 0000021344 ko:A1000NotesDue2041Member 2024-10-17 2024-10-17 0000021344 ko:A3.500NotesDue2044Member 2024-10-17 2024-10-17 0000021344 ko:A3.750NotesDue2053Member 2024-10-17 2024-10-17 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 17, 2024 COCA COLA CO (Exact name of Registrant as specified in its charter) Delaware 001-02217 58-0628465 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) One Coca-Cola Plaza Atlanta, Georgia 30313 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code:  (404) 676-2121 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.25 Par Value KO New York Stock Exchange 1.875% Notes Due 2026 KO26 New York Stock Exchange 0.750% Notes Due 2026 KO26C New York Stock Exchange 1.125% Notes Due 2027 KO27 New York Stock Exchange 0.125% Notes Due 2029 KO29A New York Stock Exchange 0.125% Notes Due 2029 KO29B New York Stock Exchange 0.400% Notes Due 2030 KO30B New York Stock Exchange 1.250%

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