Olivier Lemire - 26 Aug 2025 Form 3 Insider Report for Keurig Dr Pepper Inc. (KDP)

Role
President, U.S. Coffee
Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
26 Aug 2025
Net transactions value
$0
Form type
3
Filing time
17 Sep 2025, 16:46:29 UTC
Next filing
17 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lemire Olivier President, U.S. Coffee 53 SOUTH AVENUE, BURLINGTON /s/ Mark Jackson, attorney in fact 17 Sep 2025 0002086020

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KDP Common Stock 34,337 26 Aug 2025 Direct

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
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 9,573 $0.000000 Direct F1
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 14,605 $0.000000 Direct F2
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 12,431 $0.000000 Direct F3
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 4,403 $0.000000 Direct F4
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 1,285 $0.000000 Direct F5
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 1,291 $0.000000 Direct F6
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 3,294 $0.000000 Direct F7
holding KDP Restricted Stock Unit 26 Aug 2025 Common Stock 17,440 $0.000000 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to certain vesting conditions and exceptions, these restricted stock units vest in four equal installments as follows: 25% on March 5, 2026; 25% on March 5, 2027; 25% on March 5, 2028, and 25% on March 5, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
F2 Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 4, 2027; 20% on March 4, 2028, and 20% on March 4, 2029. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 Subject to certain vesting conditions and exceptions, these restricted stock units vest in three installments as follows: 60% on March 1, 2026; 20% on March 1, 2027, and 20% on March 1, 2028. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F4 Subject to certain vesting conditions and exceptions, these restricted stock units vest in two equal installments as follows: 50% on March 2, 2026 and 50% of March 2, 2027. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F5 Subject to certain vesting conditions and exceptions, these restricted stock units vest in two equal installments as follows: 50% on September 14, 2025 and 50% of September 14, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F6 Subject to certain vesting conditions and exceptions, these restricted stock units vest in full on March 3, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F7 Subject to certain vesting conditions and exceptions, these restricted stock units vest in full on September 15, 2025. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F8 Represents matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs vest in full on November 16, 2026 ("Vesting Date"), subject to continued service with the Issuer and other vesting conditions. In addition, all or a portion of the Matching RSUs may be forfeited by the Reporting Person if specified stock ownership requirements are not maintained to the Vesting Date. Each Matching RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.