Keurig Dr Pepper (KDP)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-02 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Keurig Dr Pepper Inc. (KDP) CIK: 0001418135 --- Reporting Owner --- Name: Gorli Eric CIK: 0002057692 Role: Officer (President, US Refreshment Bev.) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: +7,459 | Price: $0.00 Shares Owned After: 94,113 | 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: 2026-03-02 | Code: M (Exercise of derivative) Shares: +2,202 | Price: $0.00 Shares Owned After: 96,315 | Ownership: D (Direct) Footnotes: [F1] Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. [Transaction #3] Security: Common Stock Date: 2026-03-02 | Code: F (Payment of exercise/tax) Shares: -3,803 | Price: $29.97 Total Value: $113,975.91 Shares Owned After: 92,512 | Ownership: D (Direct) Footnotes: [F2] Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. [Transaction #4] Security: Common Stock Date: 2026-03-03 | Code: M (Exercise of derivative) Shares: +2,776 | Price: $0.00 Shares Owned After: 95,288 | Ownership: D (Direct) Footnotes: [F1] Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. [Transaction #5] Security: Common Stock Date: 2026-03-03 | Code: F (Payment of exercise/tax) Shares: -1,093 | Price: $29.57 Total Value: $32,320.01 Shares Owned After: 94,195 | 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: 2026-03-02 | Code: M (Exercise of derivative) Shares: -7,459 | Price: $0.00 Shares Owned After: 4,972 | Ownership: D (Direct) Footnotes: [F3] As previously disclosed, these RSUs were granted on March 1, 2023, and vest in three installments as follows: 60% on March 2, 2026, the first trading day following March 1, 2026; 20% on March 1, 2027; and 20% on March 1, 2028. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [F3] As previously disclosed, these RSUs were granted on March 1, 2023, and vest in three installments as follows: 60% on March 2, 2026, the first trading day following March 1, 2026; 20% on March 1, 2027; and 20% on March 1, 2028. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [F3] As previously disclosed, these RSUs were granted on March 1, 2023, and vest in three installments as follows: 60% on March 2, 2026, the first trading day following March 1, 2026; 20% on March 1, 2027; and 20% on March 1, 2028. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [Transaction #2] Security: Restricted Stock Unit Date: 2026-03-02 | Code: M (Exercise of derivative) Shares: -2,202 | Price: $0.00 Shares Owned After: 2,201 | Ownership: D (Direct) Footnotes: [F4] As previously disclosed, these RSUs were granted on March 2, 2022, and vest in three installments as follows: 60% on March 2, 2025; 20% on March 2, 2026; and 20% on March 2, 2027. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [F4] As previously disclosed, these RSUs were granted on March 2, 2022, and vest in three installments as follows: 60% on March 2, 2025; 20% on March 2, 2026; and 20% on March 2, 2027. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [F4] As previously disclosed, these RSUs were granted on March 2, 2022, and vest in three installments as follows: 60% on March 2, 2025; 20% on March 2, 2026; and 20% on March 2, 2027. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. [Transaction #3] Security: Restricted Stock Unit Date: 2026-03-03 | Code: M (Exercise of derivative) Shares: -2,776 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F5] As previously disclosed, these RSUs were granted on March 3, 2021, and vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025; and 20% on March 3, 2026. 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 3, 2021, and vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025; and 20% on March 3, 2026. 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 3, 2021, and vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025; and 20% on March 3, 2026. 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: As previously disclosed, these RSUs were granted on March 1, 2023, and vest in three installments as follows: 60% on March 2, 2026, the first trading day following March 1, 2026; 20% on March 1, 2027; and 20% on March 1, 2028. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019. F4: As previously disclosed, these RSUs were granted on March 2, 2022, and vest in three installments as follows: 60% on March 2, 2025; 20% on March 2, 2026; and 20% on March 2, 2027. 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 3, 2021, and vest in three installments as follows: 60% on March 3, 2024; 20% on March 3, 2025; and 20% on March 3, 2026. 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 (2026-03-04)