KDP Insider Anthony Shoemaker Reports RSU Conversions, Tax Withholding
Rhea-AI Filing Summary
Keurig Dr Pepper insider Anthony Shoemaker reported stock transactions tied to vesting of restricted stock units (RSUs). On 09/15/2025 Mr. Shoemaker had RSUs convert into common stock and recorded net acquisitions of common shares: 785 shares from a 2021 grant and 1,475 shares from a 2020 grant, resulting in an increase in his beneficial ownership to 125,432 shares following the largest conversion. To cover tax obligations, the issuer withheld 309 and 581 shares at $26.75 per share, recorded as dispositions, leaving reported direct ownership figures shown in the filing. The transactions reflect routine vesting and tax withholding under the company's Omnibus Stock Incentive Plan.
Positive
- RSU vesting increased direct beneficial ownership by 2,260 shares through scheduled conversions
- Tax withholding for vested shares was executed and disclosed transparently at $26.75 per share
Negative
- None.
Insights
TL;DR: Routine RSU vesting increased direct holdings modestly; no cash purchases or option exercises reported.
The Form 4 discloses scheduled vesting conversions of RSUs into common stock and corresponding shares withheld for taxes. Total newly issued shares from vesting on 09/15/2025 amounted to 2,260 shares (785 + 1,475), with 890 shares withheld (309 + 581) to satisfy tax obligations at a recorded withholding price of $26.75 per share. The filing shows direct beneficial ownership adjustments consistent with grant schedules rather than open-market transactions, indicating no additional cash investment or opportunistic trading by the reporting officer.
TL;DR: Disclosure aligns with standard equity compensation administration and Rule 16 reporting requirements.
The report details RSU grants from 2020 and 2021 vesting according to pre-specified schedules under the Omnibus Stock Incentive Plan, with conversions recorded one-for-one into common stock. Withholding of shares to cover tax liabilities is documented and the filing is signed by an attorney-in-fact, meeting procedural formality. There are no indicia of unusual insider activity or departures from standard equity-plan practices in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 785 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,475 | $0.00 | -- |
| Exercise | Common Stock | 785 | $0.00 | -- |
| Tax Withholding | Common Stock | 309 | $26.75 | $8K |
| Exercise | Common Stock | 1,475 | $0.00 | -- |
| Tax Withholding | Common Stock | 581 | $26.75 | $16K |
Footnotes (1)
- Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Shares of common stock withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3. 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 15, 2025, the first trading day following September 14, 2025. The RSUs converted into common stock on a one-for one basis pursuant to the Issuer's Ombinus Stock Incentive Plan of 2019. RSUs were granted on September 15, 2020 and vest in three installments as follows: 60% on September 15, 2023; 20% on September 15, 2024, and 20% on September 15, 2025. Twenty percent of the RSUs vested on September 15, 2025. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.
