Boston Oray 4
Research Summary
AI-generated summary
Keurig Dr Pepper Director Boston Oray Receives 6,062-Share Award
What Happened
- Boston Oray, a director of Keurig Dr Pepper Inc. (KDP), was granted 6,062 restricted stock units (derivative securities) on March 4, 2026.
- The award shows a grant price of $0.00 (total reported value $0) because these are RSUs representing a contingent right to receive shares upon vesting rather than an immediate purchase.
Key Details
- Transaction date: March 4, 2026; Form 4 filed March 6, 2026 (no late-filing indicator in the filing).
- Security: Restricted stock units (derivative); amount granted: 6,062 RSUs; acquisition price: $0.00.
- Vesting: Per filing footnote, the RSUs vest on March 4, 2031, subject to vesting conditions and exceptions. Each RSU converts to one common share upon vesting.
- Shares owned after transaction: Not specified in the provided filing details.
- No 10b5‑1 plan, tax‑withholding sale, or immediate sale of shares is disclosed.
Context
- RSU grants are common compensation for directors and executives; they do not represent an immediate cash investment or sale. The economic interest depends on future vesting and the stock price at that time.
- This grant should be viewed as compensation rather than a market signal; it does not indicate an immediate buy or sell by the insider.