Keurig Dr Pepper officer gets 3,317 shares from RSUs
KDP’s US Refreshment Beverages president reported RSU vesting into common stock with shares withheld to cover taxes.
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Form Type
4
Rhea-AI Filing Summary
Keurig Dr Pepper Inc. (KDP) reported that Eric Gorli, President, US Refreshment Beverages, had 3,317 restricted stock units vest and convert into common stock on September 14, 2026 under the issuer's Ombinus Stock Incentive Plan of 2026. Of the vested shares, 1,306 common shares were withheld to pay applicable taxes, and 3,316 RSUs remain outstanding after the transaction. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
3,317 shares exercised/converted
Exercise
3 txns
Insider
Gorli Eric
Role
President, US Refreshment Bev.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3 | 3,317 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,317 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,306 | $31.58 | $41K |
Holdings After Transaction:
Restricted Stock Unit — 3,316 contracts (Direct);
Common Stock — 100,304 shares (Direct)
Holdings Before and After:
Restricted Stock Unit, 6,633 to 3,316 contracts (Direct);
Common Stock, 98,293 to 100,304 shares (Direct)
Footnotes (3)
- 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. RSUs were granted September 13, 2022 and vest in four installments as follows: one-third on September 13, 2025; one-third on September 13, 2026, and one-third on September 13, 2027. One-third of the RSUs vested on September 14, 2026, the first trading day following September 13, 2026. The RSUs converted into common stock on a one-for one basis pursuant to the Issuer's Ombinus Stock Incentive Plan of 2026.
Key Figures
RSUs converted: 3,317 units
Common shares acquired on conversion: 3,317 shares
Shares withheld for taxes: 1,306 shares
+3 more
6 metrics
RSUs converted
3,317 units
Restricted stock units that vested and converted into common stock on September 14, 2026
Common shares acquired on conversion
3,317 shares
Common stock received upon RSU conversion on September 14, 2026
Shares withheld for taxes
1,306 shares
Common shares withheld to pay applicable taxes upon RSU vesting
Tax withholding price
$31.58 per share
Price used for shares withheld for tax liability
RSUs remaining after transaction
3,316 units
Total restricted stock units following the September 14, 2026 vesting
RSU grant date
September 13, 2022
Original grant date of RSUs that vest in four installments
Key Terms
Restricted Stock Unit, Rule 16b-3, Ombinus Stock Incentive Plan of 2026
3 terms
Restricted Stock Unit financial
"security title is listed as Restricted Stock Unit and converts one-for-one"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Rule 16b-3 regulatory
"shares were withheld for payment of applicable taxes in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Ombinus Stock Incentive Plan of 2026 financial
"RSUs converted into common stock pursuant to the Issuer's Ombinus Stock Incentive Plan of 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KDP report for Eric Gorli on September 14, 2026?
Keurig Dr Pepper reported that Eric Gorli had 3,317 RSUs vest and convert into common stock on September 14, 2026, with a portion of the resulting shares withheld to satisfy tax obligations under the company’s equity plan.
Does Eric Gorli still hold restricted stock units of KDP after this transaction?
Yes. After the reported vesting and conversion, the Form 4 shows 3,316 restricted stock units remaining, reflecting the continuing RSU holdings following the September 14, 2026 event.
Was the KDP insider transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these RSU vesting and tax-withholding transactions.
What is Eric Gorli’s role at Keurig Dr Pepper (KDP) mentioned in the Form 4?
The Form 4 identifies Eric Gorli as an officer of Keurig Dr Pepper, holding the title President, US Refreshment Bev., and reports the RSU vesting and related share withholding in that capacity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
