Keurig Dr Pepper Inc.
A maker of sodas and single-serve coffee, Keurig Dr Pepper produces drinks people sip daily—from Dr Pepper, Canada Dry, and GHOST to Keurig brewers and K-Cup pods under brands like Green Mountain Coffee and Starbucks. It took shape in 2018 when Keurig Green Mountain, born from a small 1979 Vermont coffee shop, merged with the Dr Pepper Snapple Group. Fun fact: the "Dr Pepper" name famously carries no period after "Dr"—the company dropped it in the 1950s—and its signature soda is its own category, not a cola. In 2025 it agreed to acquire coffee giant JDE Peet's.
Item 4 is hereby amended and supplemented as follows: On May 1, 2025, JAB BevCo entered into an Underwriting Agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC (the "Underwriter") pursuant to which JAB BevCo agreed to sell 75,000,000 shares of Common Stock (the "Common Stock"), par value $0.01 per share (the "Shares"), of Keurig Dr Pepper Inc. ("KDP") through a secondary offering (the "Offering"). Under the terms of the transaction, the remaining Shares beneficially owned by JAB BevCo will be subject to a customary 60 day lock-up agreement with the Underwriter with respect to KDP securities, subject to certain customary exceptions ("Lock-up Agreement"). The foregoing description of the Underwriting Agreement and Lock-up Agreement does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement and accompanying form of Lock-up Agreement, substantially in the form attached as Exhibit 21 to this Schedule 13D and incorporated herein by reference.
Item 4 is hereby amended and supplemented as follows: On May 1, 2025, JAB BevCo entered into an Underwriting Agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC (the "Underwriter") pursuant to which JAB BevCo agreed to sell 75,000,000 shares of Common Stock (the "Common Stock"), par value $0.01 per share (the "Shares"), of Keurig Dr Pepper Inc. ("KDP") through a secondary offering (the "Offering"). Under the terms of the transaction, the remaining Shares beneficially owned by JAB BevCo will be subject to a customary 60 day lock-up agreement with the Underwriter with respect to KDP securities, subject to certain customary exceptions ("Lock-up Agreement"). The foregoing description of the Underwriting Agreement and Lock-up Agreement does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement and accompanying form of Lock-up Agreement, substantially in the form attached as Exhibit 21 to this Schedule 13D and incorporated herein by reference.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| Capital World Investors | 13G/APassive | 8.8% | 120.10M | Aug 12, 2026 |
| FMR LLC | 13G/APassive | 12.7% | 172.25M | Aug 6, 2026 |
| Abigail P. Johnson | 13G/APassive | 12.7% | 172.25M | Aug 6, 2026 |
| BlackRock, Inc. | 13G/APassive | 8.5% | 115.88M | Jul 29, 2026 |
| Vanguard Capital Management | 13GPassive | 7.33% | 99.66M | Apr 30, 2026 |
| The Vanguard Group | 13G/APassive | 0% | 0 | Mar 27, 2026 |
| HARRIS ASSOCIATES L P | 13GPassive | 6.3% | 86.27M | Feb 17, 2026 |
| Harris Associates, Inc. | 13GPassive | 6.3% | 86.27M | Feb 17, 2026 |
| JAB BevCo B.V. | 13D/AActivist | 4.4% | 59.11M | May 5, 2025 |
Item 4 is hereby amended and supplemented as follows: On May 1, 2025, JAB BevCo entered into an Underwriting Agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC (the "Underwriter") pursuant to which JAB BevCo agreed to sell 75,000,000 shares of Common Stock (the "Common Stock"), par value $0.01 per share (the "Shares"), of Keurig Dr Pepper Inc. ("KDP") through a secondary offering (the "Offering"). Under the terms of the transaction, the remaining Shares beneficially owned by JAB BevCo will be subject to a customary 60 day lock-up agreement with the Underwriter with respect to KDP securities, subject to certain customary exceptions ("Lock-up Agreement"). The foregoing description of the Underwriting Agreement and Lock-up Agreement does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement and accompanying form of Lock-up Agreement, substantially in the form attached as Exhibit 21 to this Schedule 13D and incorporated herein by reference. | ||||
| Acorn Holdings B.V. | 13D/AActivist | 4.4% | 59.11M | May 5, 2025 |
Item 4 is hereby amended and supplemented as follows: On May 1, 2025, JAB BevCo entered into an Underwriting Agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC (the "Underwriter") pursuant to which JAB BevCo agreed to sell 75,000,000 shares of Common Stock (the "Common Stock"), par value $0.01 per share (the "Shares"), of Keurig Dr Pepper Inc. ("KDP") through a secondary offering (the "Offering"). Under the terms of the transaction, the remaining Shares beneficially owned by JAB BevCo will be subject to a customary 60 day lock-up agreement with the Underwriter with respect to KDP securities, subject to certain customary exceptions ("Lock-up Agreement"). The foregoing description of the Underwriting Agreement and Lock-up Agreement does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement and accompanying form of Lock-up Agreement, substantially in the form attached as Exhibit 21 to this Schedule 13D and incorporated herein by reference. | ||||