KDP Keurig Dr Pepper Inc. Insider Trading

KDP President Eric Gorli bought 9,175 shares at $27.69; holdings now 80,432 shares (+12.9%)

Eric Gorli, President of US Refreshment Beverages at Keurig Dr Pepper, purchased 9,175 shares at $27.69 on 2025-09-11, representing a 12.9% increase in his holdings to 80,432 shares. The stock currently trades at $27.23, just 0.17% below the transaction price, but significantly below its 52-week high of $38.01 (down 28.4%). The purchase occurred as KDP reported strong fundamentals with quarterly revenue of $4,163,000,000.00 and net income of $547,000,000.00, though the stock has declined 21.8% over the past 30 days and 17.5% over 90 days. The timing of a substantive position increase during a period of sharp underperformance warrants monitoring of execution context to determine whether this represents a scheduled trade plan or discretionary accumulation.

Director Robert James Gamgort sells 208,000 KDP shares at $32.90 for $6.8M, reducing stake by 8.3% to 2.29M shares

Director Gamgort sold 208,000 shares at $32.90 on 2025-08-01, bringing his post-transaction holdings to 2.29M shares. The sale occurred at a price 1.3% below the current market price of $33.32 and 13.4% below the 52-week high of $38.01. At the same-ticker level, Gamgort's timing has been favorable historically: all 3 of his prior measurable KDP sells showed negative 90-day returns (-0.9%, -2.9%, -3.0%), indicating he sold ahead of declines. However, his cross-ticker track record shows sells have averaged only +0.8% 30-day return with -2.3% 90-day return, though his 100% well-timed rate suggests consistent ability to exit before downturns. The stock itself has declined 12.3% from its 52-week high and shows weakness on 30-day and 90-day timeframes, providing context for a meaningful 8.3% reduction in his position.

Director Gamgort sells 208,000 KDP shares at $33.18; holds 2.50M shares post-sale; stock now at $32.65, -14.1% from 52-week high.

Director Robert James Gamgort sold 208,000 shares of Keurig Dr Pepper Inc. on 2025-07-29 at $33.18, reducing his holdings by 7.7% to 2.50M shares with a transaction value of $6.9M. Notably, this sale occurred while the stock trades at $32.65, only 1.6% below the execution price, near the low end of its 52-week range ($30.38–$38.01) and -14.1% from its 52-week high. Gamgort's prior trading at KDP shows a 4 of 4 well-timed pattern at the 90-day mark, including three prior sells that preceded subsequent stock declines (most recently on 2025-06-02, 2025-05-01, and 2025-04-29), suggesting a track record of execution near local peaks. However, the current stock price remains only modestly below the sale price, and the subsequent performance of this particular trade cannot yet be measured, so the well-timed pattern cannot be definitively extended to this transaction. The sale reduces his significant director position by a meaningful amount while the stock remains below recent highs and faces headwinds (30-day decline of -2.7%, 90-day decline of -5.1%).

Director Van de Ven purchases 15,000 KDP shares at $33.20; current price $32.77, stock down 13.8% from 52-week high

Van de Ven Michael G, a Director, purchased 15,000 shares of Keurig Dr Pepper for $498,000.00 at $33.20 on 2025-06-04, establishing an initial 15,000-share position. The transaction occurs with the stock trading at $32.77 currently, down 13.8% from its 52-week high of $38.01. At a market cap of $44.5B and P/E of 29.52, the company reported latest quarterly revenue of $3.6B with net income of $517.0M, supporting fundamental profitability. The purchase price of $33.20 represents the insider's entry point into this position, made in a period of recent price weakness (30-day decline of 3.7% and 90-day decline of 1.7%), though without additional transaction history or flags provided, the trade's strategic intent cannot be directly assessed.

Director Gamgort sells 208,000 KDP shares at $33.10 for $6.9M; holds 2.64M post-sale.

Robert James Gamgort, a director of Keurig Dr Pepper Inc., executed a discretionary sale of 208,000 shares (208.0K shares) on 2025-06-02 at $33.10, reducing his holdings from 2,846,490 shares to 2,638,490 shares. The sale size represents a -7.3% reduction in his holdings and occurred at a price $0.30 above the current price of $32.80, placing it well above the 52-week range lows ($30.38) but -13.7% below the 52-week high ($38.01). Notably, Gamgort's cross-ticker track record shows a 100.00% well-timed rate on his 3 prior sells with an average 90-day return of -3.0%, indicating his historical sales have generally preceded stock declines. At this specific ticker (KDP), his prior two measurable-outcome trades—a 2025-03-04 sell and a 2024-03-05 buy—both demonstrated 90-day returns aligned with well-timed positioning (the March sell preceded a -3.0% 90-day decline). While the current transaction involves a modest percentage reduction of holdings and the director retains substantial equity (2.64M shares), the pattern of consistent, well-timed exits and continuation of sales activity at this ticker merits investor attention.

Director Robert James Gamgort sold 416,000 shares (−12.8% of holdings) for $14.2M at KDP on 2025-04-29 and 2025-05-01.

Robert James Gamgort, a director at Keurig Dr Pepper Inc., executed 2 separate sales totaling 416,000 shares for $14,160,640.00 at a blended average price of $34.04 within two trading days. The sales reduced his holdings from 3,262,490 shares to 2,846,490 shares. Notably, Gamgort's cross-ticker track record shows 1 prior sell with an average 30-day return of +3.9%, while his prior sale at KDP on 2025-03-04 delivered +3.9% returns in the 30-day window. At the current price of $34.04, the stock trades −10.4% from its 52-week high of $38.01 and shows a 90-day change of +6.0%, reflecting recent volatility. KDP's fundamentals show stable operating performance with quarterly net income of $517,000,000.00 against revenue of $3,635,000,000.00 and a P/E of 30.67. The sale's timing and magnitude warrant observation given the substantial dollar value and the insider's director-level access to company information.

Gamgort (Executive Chairman) sold 416,000 shares of KDP at $34.29 for $14.3M, retaining 3.24M shares.

Executive Chairman Gamgort sold 416,000 shares (-11.4% of prior holdings) at $34.29, reducing his position from 3.65M to 3.24M shares while retaining substantial ownership. The stock currently trades at $33.30, down 12.4% from the 52-week high of $38.01, though up 2.3% in the 30-day window. The company shows solid fundamentals with $3.9B quarterly revenue, $616.0M net income, and 3.6% annual revenue growth, though the P/E ratio of 29.47 reflects premium valuation. Notably, Gamgort's only prior buy at KDP in March 2024 generated a 90-day return of +18.1%, demonstrating his historical trade effectiveness on this ticker. This sale occurs as the stock has pulled back from its 52-week peak, warranting attention to whether the insider views current valuations as appropriate for reducing exposure or if other factors are driving the transaction.

JAB BevCo (10% owner) sold 83,950,000 shares at $32.65 on 2025-02-26, reducing stake to 134,113,479 shares (-38.5%).

JAB BevCo executed a substantial open-market sale of 83,950,000 shares for $2.7B, reducing its KDP stake by 38.5% to 134.11M shares. The sale occurred at $32.65, a price 2.6% below the current $33.52 and within the 52-week range of $28.88–$38.01, approximately 11.8% from the recent 52-week high. Among the insider's prior KDP sales (4 total), three of four—the March 2024 sales (on 03-05, 03-08, 03-15)—exhibited strong positive 90-day returns of +18.9%, +19.4%, and +17.8% respectively, indicating the stock rose substantially after those sales; however, the most recent KDP sale on 2024-10-30 showed neutral 30-day performance and a -4.0% 90-day return, demonstrating no consistent pattern. This transaction's significance lies in its sheer scale—a $2.7B single-transaction exit by a 10% institutional holder—and its timing relative to the company's current $45.5B market cap and modest 3.6% annual revenue growth, warranting investor scrutiny into the motivations and strategic implications of such a substantial portfolio reduction.

JAB BevCo (10% owner) buys 3,619,600 KDP shares for $120.7M at $33.34; post-transaction holdings reach 218.06M shares.

JAB BevCo, already holding 10% of Keurig Dr Pepper, purchased 3,619,600 shares (3.62M shares) for $120,677,464.00 ($120.7M) at $33.34 on 2025-01-29, increasing its stake from 214,443,879 shares (214.44M shares) to 218,063,479 shares (218.06M shares). The transaction occurred when KDP traded at $33.34, well above the current price of $32.10 and 15.6% below its 52-week high of $38.01. Historically, JAB's prior four sales across all tickers posted a 25.00% well-timed rate at the 90-day mark with an average 90-day return of +13.0%, yet at KDP specifically, only 1 of 4 prior sales was well-timed, suggesting mixed execution on this single ticker. The current price decline of 0.1% over 30 days and 2.2% over 90 days since purchase indicates the stock has not yet recovered, and the market remains below the execution level. This incremental accumulation by a major shareholder at above-current valuations warrants monitoring to understand whether the buyer views current market prices as temporary or whether KDP fundamentals (revenue $3,891,000,000.00, net income $616,000,000.00, P/E 19.11) justify further capital commitment.

JAB BevCo B.V. (10% owner) sold 69,000,000 shares of KDP at $32.65 on 2024-10-30 for $2.3B, reducing stake by -24.3%.

JAB BevCo B.V., a 10% institutional stakeholder in Keurig Dr Pepper, executed a substantial open-market reduction of 69,000,000 shares (69.00M shares) at $32.65, cutting post-transaction holdings to 214,443,879 shares (214.44M shares) from 283,443,879 shares (283.44M shares). The magnitude of this sale—$2,252,850,000.00 ($2.3B)—and the -24.3% reduction in stake represent a material shift in ownership structure for the $44.7B market-cap beverage company. Notably, JAB's prior three sales at KDP (March 2024) all posted positive 90-day returns (+17.8%, +19.4%, +18.9%), meaning the stock climbed after those sales, yielding a 0% well-timed rate at this ticker; this current sale occurred after a 30-day decline of -12.0% and a 90-day decline of -4.5%, providing distinct near-term context from those earlier transactions. With KDP trading at $32.99 (currently -13.2% from the 52-week high of $38.01), investors should monitor whether this large position reduction signals a reassessment of the investment thesis by a major institutional holder or reflects liquidity/portfolio allocation needs unrelated to fundamentals.