Amendment: SEC Form SCHEDULE 13D/A filed by Coca-Cola Consolidated Inc.

Item 4 is hereby amended and supplemented as follows: On November 7, 2025, Coca-Cola Consolidated, Inc., a Delaware corporation ("Coke Consolidated"), Carolina Coca-Cola Bottling Investments, Inc., a Delaware corporation and an indirect wholly owned subsidiary of TCCC ("Seller"), J. Frank Harrison, III (solely for purposes of Article VI and Article VII thereof) and TCCC (solely for purposes of certain provisions of Article III thereof (as specified therein), Article VI and Article VII thereof) entered into a purchase agreement (the "2025 Purchase Agreement"), pursuant to which (i) Coke Consolidated agreed to purchase from Seller all of the 18,835,460 shares (reflecting the 10-for-1 stock split effected by Coke Consolidated on May 27, 2025) of Common Stock, par value $1.00, of Coke Consolidated (the "Common Stock") held by Seller for a total cash payment of $2,392,103,420 (such transaction, the "Repurchase") and (ii) the parties to the 2025 Purchase Agreement agreed to terminate in its entirety that certain Amended and Restated Stock Rights and Restrictions Agreement, dated as of February 19, 2009, as amended by Amendment No. 1 on May 6, 2024 (the "Stock Rights and Restrictions Agreement"), pursuant to which Seller and TCCC were granted certain rights in their capacity as shareholders of Coke Consolidated, as previously disclosed in Amendment No. 49 to the Schedule 13D. The Closing (as defined in the 2025 Purchase Agreement) under the 2025 Purchase Agreement occurred on November 7, 2025. Effective as of the Closing, the current designee of TCCC and Seller on the Coke Consolidated board of directors (the "Board"), Elaine Bowers Coventry, has resigned from the Board. The foregoing descriptions of the 2025 Purchase Agreement and Stock Rights and Restrictions Agreement are only a summary and are qualified in their entirety by reference to the full text of such agreements, copies of which are filed as Exhibit 99.5 to this Amendment No. 51 to the Schedule 13D and as Exhibit 99.3 to Amendment No. 49 to the Schedule 13D, respectively, and incorporated herein by reference.

Item 5 is hereby amended and restated as follows: As a result of the Repurchase, as of November 7, 2025, the Reporting Persons do not beneficially own any share of Common Stock.

Number of shares of Common Stock as to which TCCC has: (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or to direct the vote: 0 (iii) the sole power to dispose of or to direct the disposition of: 0 (iv) shared power to dispose of or to direct the disposition of: 0 Number of shares of Common Stock as to which The Coca-Cola Trading Company LLC has: (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose of or to direct the disposition of: 0 (iv) shared power to dispose of or to direct the disposition of: 0 Number of shares as to which Carolina Coca-Cola Bottling Investments, Inc. has: (i) sole power to vote or direct the vote: 0 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose of or to direct the disposition of: 0 (iv) shared power to dispose of or to direct the disposition of: 0

Other than as described in this Amendment No. 51 to the Schedule 13D, the Reporting Persons have not effected any transactions in shares of Common Stock during the past sixty days.

As of November 7, 2025, the Reporting Persons ceased to be the beneficial owners of more than five percent of the outstanding shares of Common Stock.

Item 6 is hereby amended and supplemented as follows: The information set forth in Item 4 of this Amendment No. 51 to the Schedule 13D is incorporated by reference in its entirety into this Item 6.

Exhibit 99.4 - Directors, Officers and Managers of the Reporting Persons Exhibit 99.5 - Purchase Agreement, dated as of November 7, 2025, by and among Coca-Cola Consolidated, Inc., Carolina Coca-Cola Bottling Investments, Inc., J. Frank Harrison, III and The Coca-Cola Company (incorporated by reference to Exhibit 10.1 of Coca-Cola Consolidated, Inc.'s Current Report on Form 8-K filed on November 7, 2025)