KDP.NASDAQKeurig Dr Pepper INC

Form 4: Keurig Dr Pepper Executive Reports Stock Transactions Following RSU Vesting

Sentiment:

SEC Form 4 Filing

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Mary Beth DeNooyer, Chief Human Resources Officer of Keurig Dr Pepper Inc., reports the vesting of Restricted Stock Units (RSUs) and subsequent stock transactions on September 13, 2024.

Summary

  • On September 13, 2024, Mary Beth DeNooyer, Chief Human Resources Officer of Keurig Dr Pepper Inc., reported transactions related to the vesting of Restricted Stock Units (RSUs).
  • A total of 14,520 RSUs granted on September 13, 2019, vested and converted into common stock on a one-for-one basis.
  • Additionally, 108,893 Matching RSUs granted on September 13, 2019, also vested and converted into common stock.
  • Shares were withheld to cover applicable taxes upon the vesting of the RSUs; 7,427 shares were withheld at a price of $37.61, and 55,699 shares were withheld at the same price.
  • Following these transactions, DeNooyer directly owns 191,696 shares of Keurig Dr Pepper Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect the planned vesting of executive compensation.

Key Dates

DateDescription
September 13, 2019Date of grant for both the 14,520 RSUs and the 108,893 Matching RSUs.
September 13, 2024Date of vesting and conversion of RSUs into common stock, as well as the date of reported transactions.
September 17, 2024Date of signature on the Form 4 filing.

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