Form 4: Keurig Dr Pepper Inc. Executive Sells 12,000 Shares Under 10b5-1 Trading Plan

Mary Beth DeNooyer, Chief Human Resources Officer of Keurig Dr Pepper Inc., sold 12,000 shares of common stock at an average price of $33.39 on March 20, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 20, 2025, Mary Beth DeNooyer, the Chief Human Resources Officer of Keurig Dr Pepper Inc. (KDP), sold 12,000 shares of KDP common stock.
• The sale was executed at a weighted average price of $33.39 per share.
• The transactions occurred at prices ranging from $33.26 to $33.52.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on November 1, 2024.
• Following the reported transaction, DeNooyer directly owns 178,511 shares of Keurig Dr Pepper Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often part of personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of acting on non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Keurig Dr Pepper Inc., KDP, Mary Beth DeNooyer, Chief Human Resources Officer, Form 4, SEC Filing, Stock Sale, Rule 10b5-1 Trading Plan, Insider Trading