Form 4: Keurig Dr Pepper Director Robert Singer Reports Stock Transactions

Director Robert Singer reports the vesting of restricted stock units and subsequent sale of shares of Keurig Dr Pepper Inc.

Summary

• Robert Singer, a director of Keurig Dr Pepper Inc., reported transactions involving the company's common stock.
• On March 4, 2024, 6,143 restricted stock units (RSUs) vested and converted into common stock.
• Also on March 4, 2024, 6,014 RSUs were granted which vest on March 4, 2029.
• Between March 5 and March 6, 2024, Singer sold a total of 14,132 shares of common stock at prices ranging from $29.24 to $29.26, with a weighted average sales price of $29.25 on March 5 and $29.24 on March 6.
• Following these transactions, Singer directly owns 35,643 shares of common stock and indirectly owns 12,499 shares through the Robert Singer 2005 Insurance Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders if they interpret it as a lack of confidence by the director, although such transactions are common and often planned for personal financial management.

Key Dates