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

Role
CEO & President, Director
Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
20 May 2025
Net transactions value
-$880,722
Form type
4
Filing time
21 May 2025, 17:49:33 UTC
Previous filing
07 Mar 2025
Next filing
06 Mar 2026
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 21 May 2025 0001526722

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +66,080 +17% $0.000000 466,073 20 May 2025 Direct F1
transaction KDP Common Stock Tax liability $880,722 -26,003 -5.6% $33.87 440,070 20 May 2025 Direct F2
holding KDP Common Stock 400 20 May 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 -66,080 -30% $0.000000 154,185 20 May 2025 Common Stock 66,080 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.