Gamgort Robert James 4

What Happened Robert Gamgort, a director of Keurig Dr Pepper (KDP), had restricted stock units (RSUs) convert into common stock in early March 2026. The filing shows 14,077 RSUs converted into shares (reported as exercise/conversion). To satisfy tax withholding upon vesting, 5,540 of those shares were withheld at $28.05 per share, generating approximately $155,397 in tax payment. A separate RSU award of 10,392 shares was also reported as an acquisition (derivative) on March 4, 2026.

Key Details

• Transaction dates: March 4–5, 2026; Form 4 filed March 6, 2026 (appears filed within the required reporting window).
• Conversion/Exercise: 14,077 shares reported as converted from RSUs (code M); reported acquisition value $0 because RSUs convert one-for-one (footnote F1).
• Tax withholding: 5,540 shares withheld to pay taxes at $28.05/share, totaling $155,397 (code F; footnote F2).
• Award reported: 10,392 RSU grant reported March 4, 2026 (code A); some RSUs remain subject to longer vesting schedules (footnotes F3, F4).
• Shares owned after the transaction: not specified in this filing.

Context

• These transactions reflect RSU vesting and the standard tax-withholding procedure, not an open-market sale or a cash purchase. Withholding shares to cover taxes is common and does not necessarily indicate a bullish or bearish signal.
• Footnotes clarify that RSUs convert one-for-one into common stock and include different vesting schedules: some awards vest over 2026–2029 (25% annual installments from March 5, 2026) and other RSUs may vest as late as March 4, 2031 (see F3–F4).