Keurig Dr Pepper (KDP) director records RSU grant, vesting and tax shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keurig Dr Pepper Inc. director Robert James Gamgort reported several equity-compensation transactions. On March 5, 2026, 14,077 restricted stock units were exercised into an equal number of common shares at a stated price of $0.00 per share, and 5,540 common shares were withheld at $28.05 per share to cover tax obligations.
Following these transactions, his directly held common stock totaled 1,951,412 shares, and his remaining restricted stock units totaled 42,230. On March 4, 2026, he also received a grant of 10,392 restricted stock units that vest on March 4, 2031, and he reported indirect holdings of 102,142 and 1,000,000 common shares held by the 2024 Trust and 2025 Trust, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,077 shares exercised/converted
Mixed
6 txns
Insider
Gamgort Robert James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 14,077 | $0.00 | -- |
| Exercise | Common Stock | 14,077 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,540 | $28.05 | $155K |
| Grant/Award | Restricted Stock Unit | 10,392 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 42,230 shares (Direct);
Common Stock — 1,956,952 shares (Direct);
Common Stock — 102,142 shares (Indirect, By 2024 Trust)
Footnotes (1)
- Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. Subject to certain vesting conditions and exceptions, these restricted stock units vest on March 4, 2031. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon vesting. 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.
FAQ
What insider transactions did KDP director Robert Gamgort report?
Robert Gamgort reported RSU vesting, a new RSU grant, and tax-share withholding. 14,077 RSUs converted into common stock, 5,540 shares were withheld for taxes, and 10,392 new RSUs were granted, alongside updated direct and indirect share holdings.
What restricted stock unit (RSU) grant did KDP’s director receive in March 2026?
On March 4, 2026, Robert Gamgort received 10,392 restricted stock units. These RSUs vest on March 4, 2031, subject to vesting conditions, and each unit represents a contingent right to receive one share of Keurig Dr Pepper common stock upon vesting.
How were taxes handled on Robert Gamgort’s KDP RSU vesting?
To cover applicable taxes from the RSU vesting, 5,540 Keurig Dr Pepper common shares were withheld at $28.05 per share. This tax-withholding disposition used shares generated by the RSU conversion rather than an open-market sale for cash proceeds.
What indirect Keurig Dr Pepper holdings are reported for Robert Gamgort?
Robert Gamgort reported indirect ownership of Keurig Dr Pepper common stock through trusts. The filing shows 102,142 shares held by the 2024 Trust and 1,000,000 shares held by the 2025 Trust, reflecting beneficial ownership reported as indirect holdings associated with these entities.
When do Robert Gamgort’s newly granted KDP RSUs vest?
The 10,392 restricted stock units granted to Robert Gamgort on March 4, 2026 vest on March 4, 2031, subject to vesting conditions and exceptions. Upon vesting, each RSU entitles him to receive one share of Keurig Dr Pepper common stock.