Keurig Dr Pepper (KDP) Director Brian Driscoll Receives Award of 2,752 RSUs

What Happened

• Brian J. Driscoll, a director of Keurig Dr Pepper Inc. (KDP), was granted 2,752 restricted stock units (RSUs) on 2026-09-16. The Form 4 records the acquisition price as $0.00 (derivative award), meaning no cash was paid by the insider.
• These RSUs are a compensation award (not an open-market purchase or sale) and do not represent immediately issued shares — they convert to common stock only upon vesting.

Key Details

• Transaction date: 2026-09-16; Form 4 filed: 2026-09-18 (Accession: 0001276313-26-000005).
• Reported shares: 2,752 RSUs; acquisition price reported as $0.00 (derivative).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: RSUs vest on September 16, 2031, subject to certain vesting conditions and exceptions; each RSU entitles the holder to one share upon vesting (see footnote F1).
• No 10b5-1 plan, tax-withholding, gift code, or late-filing flag noted in the provided details.

Context

• RSU grants are routine forms of long-term compensation for executives and directors; they do not indicate an immediate purchase or sale of company stock. Value to the insider will depend on KDP's share price at vesting and satisfaction of vesting conditions.
• Because this is a derivative award (not a cash transaction), it should be interpreted as compensation-related rather than a direct market sentiment signal.