Keurig Dr Pepper (KDP)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-09-14 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Keurig Dr Pepper Inc. (KDP) CIK: 0001418135 --- Reporting Owner --- Name: Shoemaker Anthony CIK: 0001885848 Role: Officer (Chief Legal Officer) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-09-14 | Code: M (Exercise of derivative) Shares: +59,781 | Price: $0.00 Shares Owned After: 200,062 | 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: 2026-09-14 | Code: M (Exercise of derivative) Shares: +785 | Price: $0.00 Shares Owned After: 200,847 | 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: 2026-09-14 | Code: F (Payment of exercise/tax) Shares: -23,833 | Price: $31.58 Total Value: $752,646.14 Shares Owned After: 177,014 | Ownership: D (Direct) Footnotes: [F2] Shares of common stock 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: 2026-09-14 | Code: M (Exercise of derivative) Shares: -59,781 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [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 September 14, 2021 and vested in full on September 14, 2026. The Matching RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2026. [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 September 14, 2021 and vested in full on September 14, 2026. The Matching RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2026. [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 September 14, 2021 and vested in full on September 14, 2026. The Matching RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2026. [Transaction #2] Security: Restricted Stock Unit Date: 2026-09-14 | Code: M (Exercise of derivative) Shares: -785 | Price: $0.00 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F4] RSUs were granted September 14, 2021 and vest in three installments as follows: 60% on September 14, 2024; 20% on September 14, 2025, and 20% on September 14, 2026. Tweny percent of the RSUs vested on September 14, 2026. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Ombinus Stock Incentive Plan of 2026. [F4] RSUs were granted September 14, 2021 and vest in three installments as follows: 60% on September 14, 2024; 20% on September 14, 2025, and 20% on September 14, 2026. Tweny percent of the RSUs vested on September 14, 2026. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Ombinus Stock Incentive Plan of 2026. [F4] RSUs were granted September 14, 2021 and vest in three installments as follows: 60% on September 14, 2024; 20% on September 14, 2025, and 20% on September 14, 2026. Tweny percent of the RSUs vested on September 14, 2026. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Ombinus Stock Incentive Plan of 2026. --- Footnotes (Complete Index) --- F1: Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis. F2: Shares of common stock 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 September 14, 2021 and vested in full on September 14, 2026. The Matching RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2026. F4: RSUs were granted September 14, 2021 and vest in three installments as follows: 60% on September 14, 2024; 20% on September 14, 2025, and 20% on September 14, 2026. Tweny percent of the RSUs vested on September 14, 2026. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Ombinus Stock Incentive Plan of 2026. --- Signature --- /s/ /s/ Jamie Friesen, attorney in fact (2026-09-16)