Olivier Lemire - 15 Sep 2025 Form 4 Insider Report for Keurig Dr Pepper Inc. (KDP)

Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
15 Sep 2025
Net transactions value
-$54,088
Form type
4
Filing time
17 Sep 2025, 16:59:14 UTC
Previous filing
17 Sep 2025
Next filing
19 Sep 2025

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
transaction KDP Common Stock Options Exercise $0 +643 +1.9% $0.000000 34,980 15 Sep 2025 Direct F1
transaction KDP Common Stock Tax liability $8,132 -304 -0.87% $26.75 34,676 15 Sep 2025 Direct F2
transaction KDP Common Stock Options Exercise $0 +3,294 +9.5% $0.000000 37,970 15 Sep 2025 Direct F1
transaction KDP Common Stock Tax liability $45,956 -1,718 -4.5% $26.75 36,252 15 Sep 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 -643 -50% $0.000000 642 15 Sep 2025 Common Stock 643 Direct F3
transaction KDP Restricted Stock Unit Options Exercise $0 -3,294 -100% $0.000000 0 15 Sep 2025 Common Stock 3,294 Direct F4
* 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 of common stock withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.
F3 RSUs vest in two equal installments as follows: 50% on September 14, 2025 and 50% of September 14, 2026. Fifty percent of the RSUs vested on September 15, 2025, the first trading day following September 14, 2025. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.
F4 The RSUs vested in full on September 15, 2025. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Ombinus Stock Incentive Plan of 2019.