Form 4: Keurig Dr Pepper Chief Legal Officer Reports Stock Transactions

Anthony Shoemaker, Chief Legal Officer of Keurig Dr Pepper, reports the vesting of restricted stock units and subsequent stock transactions.

Summary

• On March 3, 2025, Anthony Shoemaker, Chief Legal Officer of Keurig Dr Pepper, reported transactions related to restricted stock units (RSUs).
• A total of 10,879 RSUs converted into common stock at a price of $0, and 4,281 shares were withheld for tax payments at a price of $34.13.
• Additionally, 2,776 RSUs converted into common stock at a price of $0, and 1,093 shares were withheld for tax payments at a price of $34.13.
• Following these transactions, Shoemaker directly owns 102,254 shares of Keurig Dr Pepper common stock and 2,776 restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects routine executive compensation activity, which is neither particularly positive nor negative, but indicates standard corporate governance practices. The vesting of RSUs is a positive incentive for the executive.

Future Outlook

Future vesting dates for the remaining RSUs are outlined, with installments scheduled for March 2026 and March 2027.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Comparison to Industry Standards

• Similar to other publicly traded companies, Keurig Dr Pepper uses restricted stock units as part of its compensation packages for executives.
• The vesting schedules and terms of these RSUs are typical for executive compensation plans, aligning with industry standards for incentivizing long-term performance.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
• The vesting of RSUs incentivizes the executive to continue contributing to the company's success.

Key Dates