Johnson Roger Frederick 4

4 · Keurig Dr Pepper Inc. · Filed Mar 6, 2026

AI-generated summary of this filing

Updated Mar 7, 2026

Keurig Dr Pepper CSCO Roger Johnson Converts RSUs; Shares Withheld

What Happened

Roger Johnson, Chief Supply Chain Officer of Keurig Dr Pepper (KDP), had restricted stock units (RSUs) convert into common stock. The filing shows a conversion/exercise event resulting in 6,757 shares (recorded 2026-03-05). To satisfy tax withholding obligations, 2,659 shares were disposed at $28.05 per share, netting $74,585. The filing also records RSU awards (38,968 and 103,915 RSUs) reported on 2026-03-04 (derivative awards).

Key Details

Transaction dates and actions:
- 2026-03-04: Grants/awards reported — 38,968 RSUs and 103,915 RSUs (derivative awards, $0 exercise price).
- 2026-03-05: Exercise/conversion of derivative — 6,757 shares acquired (M code).
- 2026-03-05: Shares withheld for taxes — 2,659 shares disposed at $28.05 each, total $74,585 (F code).
- 2026-03-05: A corresponding derivative disposition entry for 6,757 shares is also recorded (M code, $0).
Shares owned after the transactions: not specified in the filing.
Notable footnotes:
- RSUs convert one-for-one into common shares on vesting.
- Shares were withheld to satisfy applicable tax withholding upon RSU vesting.
- Various RSU grants have multi-year vesting schedules (see filing footnotes for details).
Timeliness: Report filed 2026-03-06 for transactions on 2026-03-04 and 2026-03-05; the filing does not indicate a late report.

Context

These entries reflect RSU vesting and ordinary tax-withholding mechanics—not an open-market sale for investment purposes. The withheld shares were used to cover taxes (a routine administrative step) rather than representing a discretionary sale by the insider.
For retail investors: purchases are generally more informative about insider sentiment. In this case, the activity is vesting/conversion and tax withholding of RSUs.

Form 4

Period: 2026-03-04

Chief Supply Chain Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-05+6,757→ 138,040 total
Tax Payment
Common Stock
[F2]
2026-03-05$28.05/sh−2,659$74,585→ 135,381 total
Award
Restricted Stock Unit
[F3]
2026-03-04+38,968→ 38,968 total
→ Common Stock (38,968 underlying)
Award
Restricted Stock Unit
[F4]
2026-03-04+103,915→ 103,915 total
→ Common Stock (103,915 underlying)
Exercise/Conversion
Restricted Stock Unit
[F5]
2026-03-05−6,757→ 20,271 total
→ Common Stock (6,757 underlying)

Footnotes (5)

[F1]Restricted stock units ("RSUs") convert into common stock on a one-for-one basis.
[F2]Shares withheld for payment of applicable taxes upon vesting of RSUs in accordance with Rule 16b-3.
[F3]Subject to certain vesting conditions and exceptions, these RSUs vest in four installments as follows: 25% on March 4, 2027; 25% on March 4, 2028; 25% on March 4, 2029; and 25% on March 4, 2030. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
[F4]Subject to certain vesting conditions and exceptions, these RSUs vest one third on each anniversary date as follows: one third on March 4, 2027; one third on March 4, 2028; and one third on March 4, 2029. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
[F5]As previously disclosed, these RSUs were granted on March 5, 2025, and vest in four installments as follows: 25% on March 5, 2026; 25% on March 5, 2027; 25% on March 5, 2028; and 25% on March 5, 2029. The RSUs converted into common stock on a one-for-one basis pursuant to the Issuer's Omnibus Stock Incentive Plan of 2019.

Signature

/s/ Mark Jackson, attorney in fact|2026-03-06

1 file