Timothy P. Cofer - May 20, 2025 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
CEO & President, Director
Signature
/s/ Mark Jackson, attorney in fact
Stock symbol
KDP
Transactions as of
May 20, 2025
Transactions value $
-$880,722
Form type
4
Date filed
5/21/2025, 05:49 PM
Previous filing
Mar 7, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cofer Timothy P. CEO & President, Director 6425 HALL OF FAME LANE, FRISCO /s/ Mark Jackson, attorney in fact 2025-05-21 0001526722

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +66.1K +16.52% $0.00 466K May 20, 2025 Direct F1
transaction KDP Common Stock Tax liability -$881K -26K -5.58% $33.87 440K May 20, 2025 Direct F2
holding KDP Common Stock 400 May 20, 2025 By children

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 -66.1K -30% $0.00 154K May 20, 2025 Common Stock 66.1K 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 November 20, 2023, and vest in three installments as follows: 30% on May 20, 2025; 40% on May 20, 2026, and 30% on May 20, 2027. Thirty percent of the RSUs vested on May 20, 2025. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.