Keurig Dr Pepper Inc. (KDP) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-04 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Keurig Dr Pepper Inc. (KDP) CIK: 0001418135 --- Reporting Owner --- Name: Lemire Olivier CIK: 0002086020 Role: Officer (President, U.S. Coffee) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-03-05 | Code: M (Exercise of derivative) Shares: +2,394 | Price: $0.00 Shares Owned After: 43,865 | Ownership: D (Direct) Footnotes: [F1] Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. [Transaction #2] Security: Common Stock Date: 2026-03-05 | Code: F (Payment of exercise/tax) Shares: -1,239 | Price: $28.05 Total Value: $34,753.95 Shares Owned After: 42,626 | Ownership: D (Direct) Footnotes: [F2] Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Unit Date: 2026-03-04 | Code: A (Grant or award) Shares: +18,185 | Price: $0.00 Shares Owned After: 18,185 | Ownership: D (Direct) Footnotes: [F3] Subject to certain vesting conditions and exceptions, these RSUs vest in four installments as follows: 25% on March 4, 2027; 25% on March 4, 2028; 25% on March 4, 2029; and 25% on March 4, 2030. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. [F3] Subject to certain vesting conditions and exceptions, these RSUs vest in four installments as follows: 25% on March 4, 2027; 25% on March 4, 2028; 25% on March 4, 2029; and 25% on March 4, 2030. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. [F3] Subject to certain vesting conditions and exceptions, these RSUs vest in four installments as follows: 25% on March 4, 2027; 25% on March 4, 2028; 25% on March 4, 2029; and 25% on March 4, 2030. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. [Transaction #2] Security: Restricted Stock Unit Date: 2026-03-04 | Code: A (Grant or award) Shares: +48,494 | Price: $0.00 Shares Owned After: 48,494 | Ownership: D (Direct) Footnotes: [F4] Subject to certain vesting conditions and exceptions, these RSUs vest one third on each anniversary date as follows: one third on March 4, 2027; one third on March 4, 2028; and one third on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. [F4] Subject to certain vesting conditions and exceptions, these RSUs vest one third on each anniversary date as follows: one third on March 4, 2027; one third on March 4, 2028; and one third on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. [F4] Subject to certain vesting conditions and exceptions, these RSUs vest one third on each anniversary date as follows: one third on March 4, 2027; one third on March 4, 2028; and one third on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. [Transaction #3] Security: Restricted Stock Unit Date: 2026-03-05 | Code: M (Exercise of derivative) Shares: -2,394 | Price: $0.00 Shares Owned After: 7,179 | Ownership: D (Direct) Footnotes: [F5] As previously disclosed, these RSUs were granted on March 5, 2025, and vest in four installments as follows: 25% on March 5, 2026; 25% on March 5, 2027; 25% on March 5, 2028; and 25% on March 5, 2029. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [F5] As previously disclosed, these RSUs were granted on March 5, 2025, and vest in four installments as follows: 25% on March 5, 2026; 25% on March 5, 2027; 25% on March 5, 2028; and 25% on March 5, 2029. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [F5] As previously disclosed, these RSUs were granted on March 5, 2025, and vest in four installments as follows: 25% on March 5, 2026; 25% on March 5, 2027; 25% on March 5, 2028; and 25% on March 5, 2029. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. --- Footnotes (Complete Index) --- 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: Subject to certain vesting conditions and exceptions, these RSUs vest in four installments as follows: 25% on March 4, 2027; 25% on March 4, 2028; 25% on March 4, 2029; and 25% on March 4, 2030. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. F4: Subject to certain vesting conditions and exceptions, these RSUs vest one third on each anniversary date as follows: one third on March 4, 2027; one third on March 4, 2028; and one third on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. F5: As previously disclosed, these RSUs were granted on March 5, 2025, and vest in four installments as follows: 25% on March 5, 2026; 25% on March 5, 2027; 25% on March 5, 2028; and 25% on March 5, 2029. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. --- Signature --- /s/ /s/ Mark Jackson, attorney in fact (2026-03-06)