Capital World Investors (NYSE: KDP) discloses 7.3% Keurig Dr Pepper stake

Rhea-AI Filing Summary

Capital World Investors, a division of Capital Research and Management Company and its investment management affiliates, reports beneficial ownership of 99,479,243 shares of Keurig Dr Pepper Inc. common stock. This represents 7.3% of the 1,358,583,125 shares believed outstanding as of the reporting date.

The firm has sole voting power over 97,621,476 shares and sole dispositive power over 99,479,243 shares, with no shared voting or dispositive power. The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Keurig Dr Pepper.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Keurig Dr Pepper Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

49271V100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 49271V100

1

Names of Reporting Persons

Capital World Investors

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 97,621,476.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 99,479,243.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

99,479,243.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.3 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Keurig Dr Pepper Inc.
(b)	Address of issuer's principal executive offices: 53 South Avenue, Burlington, MA 01803
Item 2.
(a)	Name of person filing: Capital World Investors
(b)	Address or principal business office or, if none, residence: 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071
(c)	Citizenship: N/A
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 49271V100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 99,479,243 ** **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 99,479,243 shares or 7.3% of the 1,358,583,125 shares believed to be outstanding.
(b)	Percent of class: 7.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 97,621,476
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 99,479,243
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Capital World Investors

Signature:	Timothy J. Moon
Name/Title:	Vice President and Senior Counsel, Capital Research and Management Company
Date:	02/10/2026

FAQ

How many Keurig Dr Pepper (KDP) shares does Capital World Investors beneficially own?

Capital World Investors beneficially owns 99,479,243 Keurig Dr Pepper common shares. This stake is based on a total of 1,358,583,125 shares believed to be outstanding, making Capital World Investors a significant institutional holder in the company’s stock.

What percentage of Keurig Dr Pepper (KDP) does Capital World Investors hold?

Capital World Investors holds 7.3% of Keurig Dr Pepper’s outstanding common stock. This percentage is calculated against 1,358,583,125 shares believed to be outstanding, indicating a sizable but non-controlling institutional ownership position disclosed in the Schedule 13G/A filing.

Does Capital World Investors seek to influence control of Keurig Dr Pepper (KDP)?

Capital World Investors states the Keurig Dr Pepper shares were acquired and are held in the ordinary course of business. The filing specifies they were not acquired to change or influence control of the issuer, consistent with a passive investment intent under Schedule 13G rules.

What voting and dispositive powers does Capital World Investors have over KDP shares?

Capital World Investors reports sole voting power over 97,621,476 shares and sole dispositive power over 99,479,243 shares. It reports no shared voting or dispositive power, indicating central control of voting and sale decisions within the reporting investment management entities.

Who signed the Capital World Investors Schedule 13G/A for Keurig Dr Pepper (KDP)?

The Schedule 13G/A was signed by Timothy J. Moon, identified as Vice President and Senior Counsel of Capital Research and Management Company. The signature, dated 02/10/2026, certifies the accuracy of the ownership information and the passive investment intent described in the filing.

What is the event date for Capital World Investors’ Keurig Dr Pepper (KDP) ownership disclosure?

The event triggering this ownership disclosure is dated 12/31/2025. That date marks the point at which the reported beneficial ownership position—99,479,243 shares, or 7.3% of the class—was measured for purposes of this amended Schedule 13G filing.