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

Role
President, US Refreshment Bev.
Signature
/s/ Mark Jackson, attorney in fact
Issuer symbol
KDP
Transactions as of
15 Sep 2025
Net transactions value
-$108,043
Form type
4
Filing time
17 Sep 2025, 17:02:38 UTC
Previous filing
12 Sep 2025
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gorli Eric President, US Refreshment Bev. 6425 HALL OF FAME LANE, FRISCO /s/ Mark Jackson, attorney in fact 17 Sep 2025 0002057692

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDP Common Stock Options Exercise $0 +3,317 +4.1% $0.000000 83,749 15 Sep 2025 Direct F1
transaction KDP Common Stock Tax liability $34,936 -1,306 -1.6% $26.75 82,443 15 Sep 2025 Direct F2
transaction KDP Common Stock Options Exercise $0 +6,944 +8.4% $0.000000 89,387 15 Sep 2025 Direct F1
transaction KDP Common Stock Tax liability $73,108 -2,733 -3.1% $26.75 86,654 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 -3,317 -33% $0.000000 6,633 15 Sep 2025 Common Stock 3,317 Direct F3
transaction KDP Restricted Stock Unit Options Exercise $0 -6,944 -100% $0.000000 0 15 Sep 2025 Common Stock 6,944 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 were granted on September 13, 2022 and vest in three installments as follows; one third on September 13, 2025; one third on September 13, 2026, and one third on September 13, 2027. One third of the RSUs vested on September 15, 2025, the first trading day following September 13, 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 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 September 15, 2020 and vested in full on September 15, 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.