Keurig Dr Pepper (KDP) Protective Put Calculator
Calculator · free · no signup · KDPPrice a protective put, zero-cost collar, or put spread on Keurig Dr Pepper. Annual cost, max loss, upside cap, tax treatment, auto-filled from current KDP option chain.
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About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a public Consumer Staples company, incorporated in Delaware and headquartered in Frisco, TX.
Last close: $30.37 per share (as of 2026-10-04).
Equity grants at Keurig Dr Pepper typically include restricted stock units (RSUs).
Keurig Dr Pepper, Inc. is a publicly traded American beverage company headquartered in Burlington, Massachusetts, and Frisco, Texas. It was formed on July 9, 2018, through the merger of Keurig Green Mountain and Dr Pepper Snapple Group. The company produces and distributes a range of hot and cold beverages, including brands such as Keurig, Dr Pepper, Snapple, Canada Dry, and others. Prior to the merger, Keurig Green Mountain, formerly known as Green Mountain Coffee Roasters, operated as a specialty coffee company and manufacturer of the Keurig single-serve brewing system, while Dr Pepper Snapple Group managed a portfolio of soft drinks and other beverages.
Source: Wikipedia (CC BY-SA 4.0)
The 2018 combination of Keurig Green Mountain with Dr Pepper Snapple joined a single-serve coffee system with a portfolio of soft drinks. The coffee half is a razor-and-blade model: brewers are sold near cost and profit comes from pods, which requires defending against unlicensed pod makers. The beverage half depends on the direct-store-delivery network that puts product on shelves. Distribution agreements for third-party brands add volume through the same trucks. Headquarters are in Burlington, Massachusetts and Frisco, Texas.
Sources: sec.gov · en.wikipedia.org
Equity comp at Keurig Dr Pepper
- Keurig Dr Pepper's proxy statement states that outstanding unvested equity awards providing for accelerated vesting in connection with a change of control require a double trigger: accelerated vesting occurs only upon a qualifying termination of employment in connection with a change of control, not solely upon completion of the change of control transaction itself. Time-based RSUs for executives typically vest in three equal annual installments, with performance-based RSUs (PSUs) added to the program starting in 2025.
- RSUs use double-trigger vesting. Two things must both happen before the shares are yours: (1) the normal time-based vesting completes, and (2) the company has a liquidity event (an IPO or an acquisition). Until both happen, you do not yet own the shares and you do not owe tax on them.
Sources: sec.gov
Researched 2026-08-24.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Keurig Dr Pepper.
A protective put caps your downside on the KDP position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current KDP option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share KDP position at $30.37 is worth $151,850. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $3,037 to $6,074) before any premium offset from a short call. The calculator prices both structures off KDP's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All Keurig Dr Pepper tools → · Use the generic Protect Your Stock Calculator for any company.
Keurig Dr Pepper equity questions
- How much does it cost to hedge KDP stock?
- The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and KDP's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current KDP option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Keurig Dr Pepper grant ISOs, NSOs, or RSUs?
- Equity compensation at Keurig Dr Pepper typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Do Keurig Dr Pepper RSUs use double-trigger vesting?
- Yes. Keurig Dr Pepper restricted stock units (RSUs) vest only when two things both happen: the time-based schedule completes, and the company has a liquidity event such as an initial public offering (IPO) or an acquisition. Until both occur you do not own the shares and owe no tax on them.
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