Anthony Shoemaker - 19 May 2025 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
Chief Legal Officer
Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
19 May 2025
Net transactions value
-$465,941
Form type
4
Filing time
21 May 2025, 17:52:04 UTC
Previous filing
07 Mar 2025
Next filing
02 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shoemaker Anthony Chief Legal Officer 6425 HALL OF FAME LANE, FRISCO /s/ Mark Jackson, attorney in fact 21 May 2025 0001885848

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +35,000 +34% $0.000000 137,254 19 May 2025 Direct F1
transaction KDP Common Stock Tax liability $465,941 -13,773 -10% $33.83 123,481 19 May 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 -35,000 -100% $0.000000 0 19 May 2025 Common Stock 35,000 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 represent matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs were granted on May 18, 2020 and vested in full on May 19, 2025, the first trading day following May 18, 2025. The Matching RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.