Keurig Dr Pepper CLO Reports RSU Vesting and Tax Withholding

Overview

On September 16, 2026, Keurig Dr Pepper Inc. (NASDAQ: KDP) filed a Form 4 on behalf of Anthony Shoemaker, Chief Legal Officer, detailing transactions that occurred on September 14, 2026.

Transaction Summary

• RSU Conversions (Code M):
  • Acquired 59,781 shares of Common Stock via the vesting and settlement of Matching RSUs granted under the Issuer's Elite Investment Program.
  • Acquired 785 shares of Common Stock via the scheduled final installment vesting of a September 2021 RSU grant.
  • Total shares acquired: 60,566 shares at $0.00 per share.
• Tax Withholding (Code F):
  • Disposed of 23,833 shares at $31.58 per share (totaling $752,446.14) automatically withheld to satisfy tax liabilities associated with the vesting.
• Net Impact: Net addition of 36,733 shares to direct ownership.
• Post-Transaction Holdings: 177,014 shares held directly.

Assessment

This filing reflects routine equity compensation activity involving the scheduled vesting of performance and service-based RSUs and associated mandatory tax withholding. Because the transactions do not represent open-market discretionary buying or selling, this activity is considered to have Low trading significance.