Angela A. Stephens - 30 May 2025 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
30 May 2025
Net transactions value
-$39,091
Form type
4
Filing time
02 Jun 2025, 18:01:54 UTC
Previous filing
08 May 2025
Next filing
30 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Stephens Angela A. Senior VP & Controller 6425 HALL OF FAME LANE, FRISCO /s/ Mark Jackson, attorney in fact 02 Jun 2025 0001457301

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +2,950 +4.7% $0.000000 65,361 30 May 2025 Direct F1
transaction KDP Common Stock Tax liability $39,091 -1,161 -1.8% $33.67 64,200 30 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 -2,950 -20% $0.000000 11,800 30 May 2025 Common Stock 2,950 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 May 30, 2024 and vest in five installments as follows: 20% on May 30, 2025; 20% on May 30, 2026; 20% on May 30, 2027; 20% on May 30, 2028, and 20% on May, 30 2029. Twenty percent of the RSUs vested on May 30, 2025. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.