Form 4: Keurig Dr Pepper Executive Johnson Exercises Stock Options, Disposes of Shares for Tax Obligations

Roger Frederick Johnson, Chief Supply Chain Officer of Keurig Dr Pepper Inc., executed stock options and disposed of shares to cover tax obligations on March 12, 2025.

Summary

• On March 12, 2025, Roger Frederick Johnson, Chief Supply Chain Officer of Keurig Dr Pepper Inc., exercised restricted stock units (RSUs) that converted into 3,697 shares of common stock.
• Johnson also disposed of 1,599 shares of common stock to cover applicable taxes upon the vesting of the RSUs at a price of $32.81 per share.
• Following these transactions, Johnson directly owns 110,984 shares of Keurig Dr Pepper Inc.
• The RSUs were granted on March 12, 2020, and vested in three installments: 60% on March 12, 2023, 20% on March 12, 2024, and the final 20% on March 12, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment. It reflects routine financial activity rather than indicating positive or negative performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
• Similar filings are made by executives at comparable companies like Coca-Cola (KO) and PepsiCo (PEP) when they exercise stock options or sell shares.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it is a routine execution of stock options and disposal of shares for tax purposes.
• The filing provides transparency to stakeholders regarding executive compensation and stock ownership.

Key Dates