Form 4 for PEP PepsiCo
Accepted 2025-03-04 00:00:00 ET · period of report 2025-03-01 · accession 0001628280-25-009792 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-04 | 2025-03-01 | PEP | Krishnan Ramkumar | CEO, U.S. Beverages | A - Grant | $0.00 | +28.8K | 72.7K | +65% | $0 |
| D | 2025-03-04 | 2025-03-01 | PEP | Krishnan Ramkumar | CEO, U.S. Beverages | F - Tax | $153.73 | -11.0K | 61.8K | -15% | -$1.69M |
| DM | 2025-03-04 | 2025-03-03 | PEP | Krishnan Ramkumar | CEO, U.S. Beverages | S - Sale | $150.97 | -9,925 | 51.8K | -16% | -$1.50M |
| D | 2025-03-04 | 2025-03-01 | PEP | Krishnan Ramkumar | CEO, U.S. Beverages | A - Grant | — | +68.30 | 2,614 | +3% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | PepsiCo, Inc. Common Stock | 2025-03-01 | A | A | 16,634 | $0.00 | 60,587 | D | — | — | (F1) This number represents the performance-based restricted stock units ("PSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These PSUs will become vested on March 1, 2028 contingent upon the achievement of pre-established performance targets over a three-year performance period and Compensation Committee approval. The reporting person may receive a number of shares of PepsiCo Common Stock from 0% to 200% of the PSUs granted, depending on the performance level achieved. (F2) Amount of securities beneficially owned following reported transaction reflects the contribution of 10,000 shares previously owned directly by the reporting person to a grantor retained annuity trust ("GRAT"). |
| 2 | Common | PepsiCo, Inc. Common Stock | 2025-03-01 | F | D | 10,961 | $153.73 | 61,773 | D | — | — | (F4) This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs. |
| 3 | Common | PepsiCo, Inc. Common Stock | 2025-03-03 | S | D | 9,700 | $150.91 | 52,073 | D | — | — | (F5) The shares with respect to this transaction were sold at prices ranging from $150.5600 to $151.2900. Upon request, the reporting person will provide to the Securities and Exchange Commission staff, the Company, or a security holder of the Company, full information regarding the number of shares sold at each separate price. |
| 4 | Common | PepsiCo, Inc. Common Stock | 2025-03-03 | S | D | 225 | $153.51 | 51,848 | D | — | — | |
| 5 | Common | PepsiCo, Inc. Common Stock | 2025-03-01 | A | A | 12,147 | $0.00 | 72,734 | D | — | — | (F3) This number represents the shares of PepsiCo Common Stock acquired upon vesting of additional PSUs granted in March 2022, as a result of exceeding pre-established performance targets. |
| 6 | Derivative | Phantom Stock Holding | 2025-03-01 | A | A | 68.30 | — | 2,614.23 | D | — · — to — | 68.30 PepsiCo, Inc. Common Stock | (F7) This amount relates to dividends credited to the reporting person's phantom stock account between May 10, 2024 and March 1, 2025 pursuant to the EID, at prices ranging from $146.27 to $170.03. (F6) These phantom units are held under the PepsiCo Executive Income Deferral Program ("EID") and convert to shares of PepsiCo Common Stock on a one-for-one basis. (F8) This security is payable pursuant to the reporting person's election and the terms of the EID. |