Form 4: Keurig Dr Pepper Director Patsley Reports Stock Conversion
SEC Form 4 Filing
Director Pamela Patsley reports the conversion of restricted stock units into Keurig Dr Pepper Inc. common stock on March 12, 2025.
Summary
- On March 12, 2025, Pamela H. Patsley, a director of Keurig Dr Pepper Inc., reported the conversion of 6,960 restricted stock units (RSUs) into common stock.
- The RSUs, which vested in full on March 12, 2025, converted on a one-for-one basis.
- Following the transaction, Patsley directly owns 39,766 shares of Keurig Dr Pepper Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. There are no indications of unusual activity or concerns.
Positives
- The vesting and conversion of RSUs indicate that performance milestones were likely met, which is a positive signal.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The conversion of RSUs has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| March 12, 2020 | Date the Restricted Stock Units (RSUs) were granted. |
| March 12, 2025 | Date of RSU vesting and conversion to common stock. |
| March 14, 2025 | Date of signature on the Form 4 filing. |
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