Keurig Dr Pepper Inc SEC Filings

Keurig Dr Pepper Inc. disclosed that its Chief Financial Officer received a significant equity award on December 9, 2025. The officer was granted 275,293 restricted stock units, each representing a contingent right to receive one share of the company’s common stock upon vesting. According to the report, 67% of these units vest on December 9, 2027 and the remaining 33% vest on December 9, 2028, and the award is held directly by the officer.

Keurig Dr Pepper Inc. announced that its Board of Directors has declared a regular quarterly dividend of $0.23 per share, payable in U.S. dollars on its common stock.

The dividend will be paid on January 16, 2026 to shareholders of record as of January 2, 2026, providing cash returns to investors holding the company’s common shares on the record date.

Keurig Dr Pepper Inc. (KDP) announced a leadership change in its finance organization. Anthony DiSilvestro has been appointed Chief Financial Officer, effective November 25, 2025, replacing Sudhanshu Priyadarshi, who will no longer serve as CFO and President, International and will act as a senior advisor through April 7, 2026.

DiSilvestro, age 67, previously served as CFO of Mattel and Campbell Soup Company and sits on the Board of FMC Corporation. Under a letter agreement dated November 21, 2025, he will receive an annual base salary of $1,000,000, a target annual bonus equal to 100% of base salary, and a one-time restricted stock unit grant valued at $8,000,000 that vests 67% on the second anniversary and 33% on the third anniversary of the grant date.

There are no family relationships or related party transactions disclosed between DiSilvestro and the company. Priyadarshi will be eligible for severance under the executive severance plan, pro-rata vesting of outstanding equity awards, and an advisory services fee of up to $500,000.

Keurig Dr Pepper Inc. reports that the court overseeing the In re: Keurig Green Mountain Single-Serve Coffee Antitrust Litigation in the Southern District of New York has denied the direct purchaser plaintiffs’ motion for class certification. The plaintiffs had sought to pursue more than $3 billion in classwide monetary damages, but the court found they did not meet the federal requirements to proceed on a class basis.

The direct purchaser plaintiffs have petitioned the U.S. Court of Appeals for the Second Circuit to appeal the class certification denial. Keurig Dr Pepper states that it intends to continue vigorously defending the appeal and the remaining lawsuits in this multidistrict antitrust litigation.

Keurig Dr Pepper (KDP) reported an insider equity award. On 10/28/2025, an officer serving as Senior VP & Controller received 14,732 restricted stock units (RSUs) at a stated price of $0.

The RSUs vest in two equal installments: 50% on December 31, 2026 and 50% on December 31, 2027. Each RSU represents the right to receive one share of common stock upon vesting. The filing lists direct ownership of 14,732 derivative securities following the grant.

Keurig Dr Pepper Inc. announced two financing steps tied to its tender offer for JDE Peet’s N.V. The company agreed to sell 3,000,000 shares of Series A Convertible Perpetual Preferred Stock at $1,000 per share for $3.0 billion, with a 4.75% annual cash dividend and senior priority over common stock. The preferred initially converts at $37.25 per share, subject to customary anti-dilution and Spin-Off adjustments, with conversion limited by a cap of the lesser of 271,580,767 shares or 19.99% of common shares then outstanding. KDP may require conversion after year three if the stock trades above 150% of the conversion price for 20 of 30 consecutive days, and may redeem at 110%/105%/100% of stated amounts in years seven, eight and nine, respectively. Net proceeds will fund a portion of the JDE Peet’s acquisition.

KDP also secured a $4 billion minority investment into a new Pod Manufacturing JV holding U.S. and Canadian coffee production assets: JV Investors will contribute $4 billion for a 49% interest; KDP retains 51%. Closing conditions include investment-grade ratings, required approvals, asset contributions, and the closing of the JDE Peet’s acquisition. JV fees include a 1% transaction fee (30% earned at signing) and a 0.10% ticking fee after 120 days. Proceeds are intended to help fund the acquisition.

Keurig Dr Pepper (KDP) reported stronger Q3 performance. Net sales were $4,306 million versus $3,891 million a year ago, and net income was $662 million with diluted EPS of $0.49. For the first nine months, net sales reached $12,104 million and net income was $1,726 million. Segment Q3 net sales: U.S. Refreshment Beverages $2,735 million, U.S. Coffee $991 million, and International $580 million.

Strategic and financing updates: KDP agreed to a tender offer for JDE Peet’s at €31.85 per share, expected in the first half of 2026, subject to regulatory approvals and shareholder acceptance. To support the plan, KDP secured an undrawn €16.2 billion 364‑day bridge facility and increased its revolving credit capacity to $4.3 billion. In May, it issued $2 billion of new notes and repaid 2025 Merger Notes at maturity. Operating cash flow for the first nine months was $1,279 million; cash and cash equivalents were $516 million at quarter end.

Keurig Dr Pepper Inc. furnished an Item 7.01 Regulation FD disclosure tied to its investor day. The company provided a press release as Exhibit 99.1 and will post its investor day presentation on its investor relations site at https://investors.keurigdrpepper.com/events-and-presentations.

The press release is titled “KDP Discusses Strategy, Leadership and Financing for Upcoming Transformational Transactions.” Information furnished under Item 7.01 is not deemed “filed” under Section 18 of the Exchange Act unless specifically stated.

Keurig Dr Pepper Inc. (KDP) furnished an update on operations by announcing its Q3 2025 results via a press release. The company said it raised its full‑year net sales outlook and reaffirmed EPS guidance for 2025, according to Exhibit 99.1.

The information under Item 2.02 is furnished, not filed, under the Exchange Act. The press release titled “Keurig Dr Pepper Reports Q3 2025 Results and Raises Full Year Net Sales Outlook and Reaffirms EPS Guidance for 2025” is available as Exhibit 99.1 and on the company’s website.