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Keurig Dr Pepper Inc. Director's Dealing 2025

May 21, 2025

30106_dirs_2025-05-21_294bb179-e734-42c8-930f-7cc546d9c1d2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Keurig Dr Pepper Inc. (KDP)
CIK: 0001418135
Period of Report: 2025-05-19

Reporting Person: Shoemaker Anthony (Chief Legal Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-05-19 Common Stock M 35000 Acquired 137254 Direct
2025-05-19 Common Stock F 13773 $33.83 Disposed 123481 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-19 Restricted Stock Unit $ M 35000 Disposed Common Stock (35000) Direct

Footnotes

F1: Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.

F2: Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.

F3: As previously disclosed, these RSUs represent matching restricted stock units ("Matching RSUs") granted to the Reporting Person in connection with the Issuer's Elite Investment Program. These Matching RSUs were granted on May 18, 2020 and vested in full on May 19, 2025, the first trading day following May 18, 2025. The Matching RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.