Form 4: Keurig Dr Pepper Executive Roger Frederick Johnson Sells 31,227 Shares

Roger Frederick Johnson, Chief Supply Chain Officer of Keurig Dr Pepper Inc., sold 31,227 shares of common stock at an average price of $33.82 on April 26, 2024.

Summary

• On April 26, 2024, Roger Frederick Johnson, Chief Supply Chain Officer of Keurig Dr Pepper Inc. (KDP), sold 31,227 shares of KDP common stock.
• The sale was executed at a weighted average price of $33.82 per share.
• The price range for the shares sold was between $33.77 and $33.92.
• Following the transaction, Johnson still beneficially owns 100,000 shares of KDP common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive sold shares, which could be for various personal reasons and doesn't necessarily reflect negatively on the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. It's important to consider the overall trend of insider transactions and company performance to assess the significance of this sale.

Stakeholder Impact

• The sale of shares by a high-ranking executive could cause some short-term uncertainty among shareholders, but the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates