Whiting Lawson E 4

What Happened

• Whiting Lawson E, a director of Keurig Dr Pepper Inc. (KDP), was granted 6,062 restricted stock units (RSUs) on March 4, 2026. The Form 4 records the award as an acquisition (code A) at $0.00 per unit (derivative), meaning no cash changed hands at grant. Per the filing footnote, each RSU is a contingent right to receive one share of common stock upon vesting.

Key Details

• Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (Accession 0001628280-26-015781).
• Price reported: $0.00 per RSU (award/derivative).
• Shares granted: 6,062 RSUs (contingent shares upon vesting).
• Vesting: Subject to vesting conditions; scheduled to vest on March 4, 2031 (see footnote F1).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form 4 was filed two days after the transaction date; this appears to meet the standard two-business-day reporting window (no late-report flag provided).
• Footnote F1: RSUs vest on March 4, 2031 subject to conditions/exceptions; each unit converts to one share upon vesting.

Context

• RSU awards are typically compensation for directors/executives and do not represent an immediate cash purchase or sale. They are derivative grants that convert to actual shares only if and when vesting conditions are met, so their ultimate value depends on KDP’s share price at vesting. Such awards are common and not, by themselves, a clear signal of near-term buying or selling intent.