Mary Beth DeNooyer - 12 Mar 2025 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
Chief Human Resources Officer
Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
12 Mar 2025
Net transactions value
-$102,236
Form type
4
Filing time
14 Mar 2025, 17:46:34 UTC
Previous filing
07 Mar 2025
Next filing
21 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +6,090 +3.2% $0.000000 193,627 12 Mar 2025 Direct F1
transaction KDP Common Stock Tax liability $102,236 -3,116 -1.6% $32.81 190,511 12 Mar 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KDP Restricted Stock Unit Options Exercise $0 -6,090 -100% $0.000000 0 12 Mar 2025 Common Stock 6,090 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
F2 Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.
F3 As previously disclosed, these RSUs were granted on March 12, 2020 and vest in three installments as follows: 60% on March 12, 2023; 20% on March 12, 2024, and 20% on March 12, 2025. Twenty percent of the RSUs vested on March 12, 2025. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.