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In 2003, the Company established a program to grant performance share units under The Coca-Cola Company 1989 Restricted Stock Award Plan to executives. In 2008, the Company expanded the program to award a mix of stock options and performance share units to eligible employees in addition to executives.
Stock based compensation is a kind of compensation given by companies to their employees in the form of equity shares besides the regular cash or salary and bonuses they receive. The executives who are given stock based compensation can benefit only if they serve the company for a specified period.
Our Company grants stock options and restricted stock awards to certain employees of the Company.
CocaCola stock-based compensation for the twelve months ending June 30, 2023 was $807M, a 4.95% decline year-over-year. CocaCola annual stock-based compensation for 2022 was $0.356B, a 5.64% increase from 2021.