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Coca-Cola Europacific Partners ( (CCEP) ) has provided an announcement.
Coca-Cola Europacific Partners has disclosed a series of share transactions involving senior executives after the vesting of performance share units granted under its 2023 long-term incentive plan. Chief executive Damian Gammell, chief financial officer Edward Walker, general counsel and company secretary Clare Wardle, and chief information officer Francesca Faure all received new ordinary shares and sold portions on Nasdaq, largely to cover associated tax liabilities, underscoring the ongoing use of equity-based pay to align management with shareholder interests.
The CEO acquired 86,680 shares at no cost before selling 40,863, while the CFO received 5,556 shares and sold the same amount on a discretionary basis. Wardle took up 11,789 shares and sold 5,558 to meet tax obligations, and Faure was issued 1,685 shares as part of the same incentive scheme, signalling routine remuneration-related dealing rather than a change in strategic holdings or capital structure.
More about Coca-Cola Europacific Partners
Coca-Cola Europacific Partners is a major beverage bottler and distributor, producing and selling Coca-Cola branded soft drinks and related non-alcoholic beverages. The company operates across Europe and the Asia-Pacific region, focusing on large-scale manufacturing, distribution, and sales of its drinks through retail and food-service channels.
For a thorough assessment of CCEP stock, go to TipRanks’ Stock Analysis page.