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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 16, 2025
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% Notes Due 2031 | KO31 | New York Stock Exchange |
| 3.125% Notes Due 2032 | KO32 | New York Stock Exchange |
| 0.375% Notes Due 2033 | KO33 | New York Stock Exchange |
| 0.500% Notes Due 2033 | KO33A | New York Stock Exchange |
| 1.625% Notes Due 2035 | KO35 | New York Stock Exchange |
| 1.100% Notes Due 2036 | KO36 | New York Stock Exchange |
| 0.950% Notes Due 2036 | KO36A | New York Stock Exchange |
| 3.375% Notes Due 2037 | KO37 | New York Stock Exchange |
| 0.800% Notes Due 2040 | KO40B | New York Stock Exchange |
| 1.000% Notes Due 2041 | KO41 | New York Stock Exchange |
| 3.500% Notes Due 2044 | KO44 | New York Stock Exchange |
| 3.750% Notes Due 2053 | KO53 | New York Stock Exchange |
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 16, 2025, the Board of Directors (the “Board”) of The Coca-Cola Company (the “Company”) elected Max Levchin as a Director of the Company, effective immediately, and also appointed Mr. Levchin to the Board’s Talent and Compensation Committee.
Mr. Levchin will participate in The Coca-Cola Company Directors’ Plan (the “Compensation Plan”), pursuant to which, in 2025, he will be entitled to a prorated portion of the annual compensation paid to non-employee Directors of the Company, which such total annual compensation consists of $90,000 to be paid in quarterly installments in cash and $200,000 to be paid in deferred share units. The Compensation Plan is described further starting on page 37 of the Company’s 2025 Proxy Statement.
There are no transactions in which Mr. Levchin has an interest requiring disclosure under Item 404(a) of Regulation S-K. There is no arrangement or understanding between Mr. Levchin and any other persons pursuant to which he was selected as a Director of the Company.
A copy of the Company’s press release announcing the election of Mr. Levchin to the Board is furnished with this report as Exhibit 99.1.
Item 9.01(d). Financial Statements and Exhibits.
EXHIBIT INDEX
| | | | | |
Exhibit No. | Description |
| |
| Exhibit 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | | | |
| | THE COCA-COLA COMPANY (REGISTRANT) |
| | |
Date: October 16, 2025 | By: | /s/ Monica Howard Douglas |
| | Monica Howard Douglas Executive Vice President and Global General Counsel |
Max Levchin Elected to Board of Directors of The Coca-Cola Company
Company Also Declares Regular Quarterly Dividend
ATLANTA, Oct. 16, 2025 – The Coca-Cola Company today announced that Max Levchin, a PayPal co-founder who went on to found and lead financial technology company Affirm, has been elected as a director.
Levchin, 50, is a longtime technologist and entrepreneur. In 1998, he co-founded Confinity, which evolved into PayPal, where he served as chief technology officer. He remained with PayPal until it was acquired by eBay in 2002.
He went on to launch several ventures, including Slide, a personal media-sharing service that was acquired by Google in 2010. He launched the innovation lab HVF, which led to the creation of Affirm in 2012. Affirm, which provides installment payment solutions, became a public company in 2021.
“Max has a tremendous background in technology, including the development and growth of successful companies,” said James Quincey, Chairman and CEO of The Coca-Cola Company. “He will bring great perspectives to Coca-Cola as technology continues to reshape the way we do business.”
Levchin has served on the boards of various technology companies, including Yelp Inc. and Yahoo! Inc.
Levchin was born in Kyiv, Ukraine, and moved to the United States in 1991. He earned a bachelor’s degree in computer science from the University of Illinois Urbana-Champaign.
Quarterly dividend
The company declared a regular quarterly dividend of 51 cents per common share, payable Dec. 15 to shareowners of record of the company as of the close of business Dec. 1.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.
Contacts:
Investors and Analysts: Robin Halpern, koinvestorrelations@coca-cola.com
Media: Scott Leith, sleith@coca-cola.com