Rachel Ferdinando - Mar 1, 2025 Form 4 Insider Report for PEPSICO INC (PEP)

Role
CEO, U.S. Foods
Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact
Stock symbol
PEP
Transactions as of
Mar 1, 2025
Transactions value $
-$410,446
Form type
4
Date filed
3/4/2025, 04:03 PM
Previous filing
Feb 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEP PepsiCo, Inc. Common Stock Award $0 +8.89K +28.98% $0.00 39.5K Mar 1, 2025 Direct F1
transaction PEP PepsiCo, Inc. Common Stock Tax liability -$410K -2.67K -6.75% $153.73 36.9K Mar 1, 2025 Direct F2
holding PEP PepsiCo, Inc. Common Stock 6.78K Mar 1, 2025 By Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of restricted stock units.