Form 4: Keurig Dr Pepper Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Angela A. Stephens, Senior VP & Controller of Keurig Dr Pepper Inc., reports the vesting and conversion of restricted stock units into common stock, along with shares withheld for tax obligations.
Summary
- On March 12, 2025, Angela A. Stephens, Senior VP & Controller of Keurig Dr Pepper Inc., had 3,697 restricted stock units (RSUs) vest and convert into common stock.
- These RSUs converted on a one-for-one basis.
- Additionally, 1,373 shares were withheld for payment of applicable taxes at a price of $32.81 per share.
- Following these transactions, Stephens beneficially owns 76,911 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard compensation practices for company executives.
Key Dates
| Date | Description |
|---|---|
| March 12, 2020 | Date the RSUs were granted. |
| March 12, 2023 | 60% of the RSUs vested. |
| March 12, 2024 | 20% of the RSUs vested. |
| March 12, 2025 | 20% of the RSUs vested and converted to common stock; shares withheld for taxes. |
| March 14, 2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.