Keurig Dr Pepper (KDP) director awarded 6,062 restricted stock units in equity grant

Rhea-AI Filing Summary

O'Toole Amie Thuener reported acquisition or exercise transactions in this Form 4 filing.

Keurig Dr Pepper Inc. director Amie Thuener O'Toole received a grant of 6,062 restricted stock units on March 4, 2026. The units were awarded at a price of $0.00 per unit and are held as a derivative security.

According to the terms, these restricted stock units are subject to vesting conditions and are scheduled to vest on March 4, 2031, subject to certain exceptions. Each unit represents a contingent right to receive one share of Keurig Dr Pepper common stock upon vesting, so the director will only receive the underlying shares if the vesting conditions are satisfied.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

O'Toole Amie Thuener

(Last) (First) (Middle)

6425 HALL OF FAME LANE

(Street)

FRISCO TX 75034

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Keurig Dr Pepper Inc. [ KDP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	03/04/2026		A		6,062		(1)	(1)	Common Stock	6,062	$0	6,062	D

Explanation of Responses:

1. 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.

Remarks:

	/s/ Mark Jackson, attorney in fact	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Keurig Dr Pepper (KDP) report for Amie Thuener O'Toole?

Keurig Dr Pepper reported that director Amie Thuener O'Toole received a grant of 6,062 restricted stock units. These units were awarded as a derivative security at $0.00 per unit and increase her potential equity-based compensation in the company, subject to vesting conditions.

How many restricted stock units were granted to the KDP director in this Form 4?

The Form 4 shows a grant of 6,062 restricted stock units to director Amie Thuener O'Toole. After this award, her total derivative holdings reported in this line are 6,062 units, all tied to future vesting into Keurig Dr Pepper common shares.

When do Amie Thuener O'Toole’s KDP restricted stock units vest?

The restricted stock units are scheduled to vest on March 4, 2031, subject to certain vesting conditions and exceptions. Only when those conditions are met will the units convert into shares of Keurig Dr Pepper common stock for the director.

What does each Keurig Dr Pepper restricted stock unit represent in this filing?

Each restricted stock unit represents a contingent right to receive one share of Keurig Dr Pepper common stock upon vesting. This means the director does not yet own the underlying shares; she may receive one share per unit if vesting requirements are satisfied.

Was this KDP insider transaction a stock purchase or a grant?

This transaction was a grant or award acquisition of restricted stock units, not a market purchase. The Form 4 lists transaction code A for an award, with a transaction price of $0.00 per unit, reflecting equity-based compensation to the director.