KDP Executive's $403K Stock Sale: What Investors Should Know About This Planned Trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keurig Dr Pepper (KDP) Chief Human Resources Officer Mary Beth DeNooyer has sold 12,000 shares of common stock at a weighted average price of $33.64 per share on June 20, 2025. The transaction was executed through a pre-established Rule 10b5-1 trading plan adopted on November 1, 2024.
The sale prices ranged from $33.32 to $33.86 per share. Following the transaction, DeNooyer continues to hold 106,511 shares directly. The Rule 10b5-1 trading plan provides an affirmative defense against insider trading allegations by establishing predetermined trading parameters.
- Transaction value: Approximately $403,680
- Trading plan established: November 1, 2024
- Form 4 filed: June 24, 2025
- Ownership: Direct holding
Positive
- The insider sale was executed according to a pre-planned Rule 10b5-1 trading plan established in November 2024, indicating compliance with insider trading regulations and proper corporate governance
Negative
- Chief Human Resources Officer Mary Beth DeNooyer sold 12,000 shares at an average price of $33.64, reducing her direct holdings to 106,511 shares, which could signal reduced confidence in the company's near-term prospects
- The sale represents approximately 10.1% of the executive's direct holdings, a relatively significant reduction in insider ownership
Insider Trade Summary
Net Seller: 12,000 shares ($403,680)
Net Sell
1 txn
Insider
DeNooyer Mary Beth
Role
Chief Human Resources Officer
Sold
12,000 shs ($404K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $33.64 | $404K |
Holdings After Transaction:
Common Stock — 106,511 shares (Direct)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 1, 2024. The price represents the weighted average sales price of the shares that were sold in multiple transactions at prices ranging from $33.32 to $33.86. The reporting person undertakes to provide to the Company, any security holder of the Company or the SEC, upon request, full information regarding the number of shares sold at each separate price.
FAQ
Was this KDP insider sale part of a pre-planned trading arrangement?
Yes, the sale was executed pursuant to a Rule 10b5-1 trading plan that was adopted by DeNooyer on November 1, 2024.
What is Mary Beth DeNooyer's position at KDP?
Mary Beth DeNooyer serves as the Chief Human Resources Officer at Keurig Dr Pepper Inc. (KDP).