Form 4: Keurig Dr Pepper Executive Eric Gorli Reports Stock Transactions

Eric Gorli, President of US Refreshment Beverages at Keurig Dr Pepper, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On March 12, 2025, Eric Gorli, President, US Refreshment Bev. at Keurig Dr Pepper, reported transactions involving Keurig Dr Pepper Inc. common stock.
• Mr. Gorli vested 3,697 restricted stock units (RSUs) which converted into common stock on a one-for-one basis.
• 901 shares were withheld for payment of applicable taxes upon the vesting of the RSUs at a price of $32.81.
• Following these transactions, Mr. Gorli directly owns 71,257 shares of Keurig Dr Pepper Inc. common stock.
• The RSUs were granted on March 12, 2020, and vested in three installments: 60% on March 12, 2023, 20% on March 12, 2024, and 20% on March 12, 2025.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting scheduled vesting of stock options, so it has a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company executives. It is a standard practice for publicly traded companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine vesting of previously granted stock options.

Key Dates