Robert S. Singer - 12 Mar 2025 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role: Director
Signature: /s/ Mark Jackson, attorney in fact
Issuer symbol: KDP
Transactions as of: 12 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 14 Mar 2025, 17:42:36 UTC
Previous filing: 07 Mar 2025
Next filing: 18 Nov 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	+6,960	+20%	$0.000000	42,603	12 Mar 2025	Direct	F1
holding	KDP	Common Stock						12,499	12 Mar 2025	By Robert Singer 2005 Insurance Trust

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	-6,960	-100%	$0.000000	0	12 Mar 2025	Common Stock	6,960		Direct	F2

* 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	As previously disclosed, these RSUs were granted on March 12, 2020 and vested in full 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.