KDP.NASDAQKeurig Dr Pepper INC

Form 4: Keurig Dr Pepper Inc. Executive Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Angela A. Stephens, Senior VP & Controller at Keurig Dr Pepper Inc., reports the vesting of restricted stock units and subsequent stock transactions.

Summary

  • On March 12, 2024, Angela A. Stephens, Senior VP & Controller of Keurig Dr Pepper Inc., had restricted stock units (RSUs) vest and convert into 3,697 shares of common stock.
  • Ms. Stephens also disposed of 1,374 shares to cover tax obligations related to the vesting of the RSUs at a price of $29.19 per share.
  • Following these transactions, Ms. Stephens directly owns 101,081 shares of Keurig Dr Pepper Inc. common stock.
  • The reported transactions were filed on March 14, 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's a standard practice for publicly traded companies and their officers.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves a small number of shares relative to the total outstanding.

Key Dates

DateDescription
03/12/2020Date the RSUs were granted.
03/12/202360% of the RSUs vested.
03/12/202420% of the RSUs vested and converted into common stock; shares withheld for tax payment.
03/14/2024Date of Form 4 filing.
03/12/2025Remaining 20% of the RSUs vest.

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