{"schema_version":"secwatch.filing_event.v1","accession":"0001418135-21-000024","form_type":"8-K","ticker":"KDP","cik":"0001418135","company_name":"Keurig Dr Pepper Inc.","filed_at":"2021-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.045183+00:00","generated_at":"2026-06-29T01:30:24.616153+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"KDP NEO Fernando Cortes departs; separation agreement provides $5.12M in cash payments","bullets":["Fernando Cortes, named executive officer, separated from KDP effective Sep 24, 2021 under separation agreement.","Severance benefits of $1,620,000 (1.5x base salary + target bonus) paid in installments.","Leadership Integration Bonus of $3,500,000 lump sum paid within 30 business days.","Eligible for pro-rata FY 2021 annual incentive under Short Term Incentive Program.","Agreement includes 2-year non-compete, non-solicit, and release of claims."],"urls":{"canonical":"https://secwatch.observer/filing/0001418135-21-000024","json":"https://secwatch.observer/filing/0001418135-21-000024.json","markdown":"https://secwatch.observer/filing/0001418135-21-000024.md","text":"https://secwatch.observer/filing/0001418135-21-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418135/000141813521000024/0001418135-21-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418135/000141813521000024/kdp-20210924.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T01:30:24.616153+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d997235289","claim":"Fernando Cortes departed as named executive officer at Keurig Dr Pepper Inc..","evidence_excerpt":"On August 30, 2021, Keurig Dr Pepper Inc. (the “Company”) announced the departure of Fernando Cortes, a named executive officer in the Company’s 2021 Proxy Statement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418135/000141813521000024/0001418135-21-000024-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"named executive officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}