Sandler Debra A. 4

What Happened

• Debra A. Sandler, a director of Keurig Dr Pepper Inc. (KDP), was issued 6,062 restricted stock units (RSUs) on March 4, 2026. The Form 4 reports the acquisition as an award (code A) at a reported price of $0.00. Each RSU represents a contingent right to receive one share of KDP common stock upon vesting; no immediate cash purchase or sale occurred.

Key Details

• Transaction date: 2026-03-04 (reported on Form 4 filed 2026-03-06; filing appears timely).
• Transaction type/code: Award/Grant (A); derivative instrument = RSUs.
• Shares/units granted: 6,062 RSUs; reported price: $0.00 (typical for equity awards).
• Vesting: Subject to certain vesting conditions and exceptions; scheduled to vest on March 4, 2031 (see footnote F1).
• Shares owned after transaction: Not specified in this filing.
• No indication of a 10b5-1 plan, sale, or tax-withholding event in this filing.

Context

• RSU grants are a form of compensation and represent a future right to stock if vesting conditions are met; they are not the same as an open-market purchase and do not reflect an immediate buy/sell decision. This award increases potential future ownership for the director if vesting requirements are satisfied.