Keurig Dr Pepper Director Debra Sandler Receives 2,285 Shares via RSU Conversion

What Happened Debra A. Sandler, a director of Keurig Dr Pepper Inc. (KDP), had 2,285 restricted stock units (RSUs) convert into 2,285 shares of common stock on September 14, 2026. The Form 4 reports the derivative exercise/conversion (transaction code M) and the acquisition of 2,285 shares at $0.00 (total cash paid $0). No sale of the newly issued shares was reported.

Key Details

• Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (filed two days after the transaction).
• Reported transactions: exercised/converted 2,285 derivative units and acquired 2,285 shares at $0.00 (code M).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — These RSUs were granted 9/14/2021 and vested in full 9/14/2026; conversion occurred under the issuer’s Omnibus Stock Incentive Plan of 2026.
• Filing timeliness: filed promptly (two days after the event) — not marked late.

Context This was a standard compensation vesting event (RSUs converting into shares), not an open-market purchase or a sale. Such conversions are routine for equity-paid directors/executives and do not by themselves indicate a buy or sell signal. No immediate sale of the converted shares was reported on this Form 4.