Coca-Cola Consolidated buys $60M facility from related party; stock conversion; two director resignations

Coca-Cola Consolidated, Inc.

Acquired Snyder Production Center and adjacent sales facility in Charlotte for $60M from Harrison Limited Partnership (related party); lease terminated.
Converted 1,227,546 Class B shares to Common stock for estate planning; resale limited to 175,000 shares per quarter.
Director Sue Anne H. Wells resigned effective March 17, 2022; John W. Murrey III to retire at May 10 annual meeting.
CEO J. Frank Harrison III confirms he holds 71% voting control, will not sell any shares.

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