PepsiCo (PEP) exec Eugene Willemsen sells 6,500 PepsiCo shares in market

Rhea-AI Filing Summary

PepsiCo executive Eugene Willemsen reported selling a total of 6,500 shares of PepsiCo common stock in open-market transactions. He sold 3,798 directly at about $164.46 per share and 2,702 indirectly through a non-U.S. company at a similar price range.

After these sales, Willemsen held 63,407 PepsiCo shares directly and 20,342 shares indirectly. The footnote notes that individual sale prices ranged from $164.4416 to $164.4600, and detailed price breakdowns are available upon request.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Willemsen Eugene

(Last) (First) (Middle)

PEPSICO, INC.

700 ANDERSON HILL ROAD

(Street)

PURCHASE NY 10577

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEPSICO INC [ PEP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, International Beverages

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
PepsiCo, Inc. Common Stock	03/04/2026		S		3,798	D	$164.455	63,407	D
PepsiCo, Inc. Common Stock	03/04/2026		S		2,702	D	$164.4423(1)	20,342	I	By Non-U.S. Company

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares with respect to this transaction were sold at prices ranging from $164.4416 to $164.4600. 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.

Remarks:

	/s/ Cynthia A. Nastanski, Attorney-in-Fact	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PepsiCo (PEP) disclose for Eugene Willemsen?

PepsiCo disclosed that executive Eugene Willemsen sold 6,500 shares of PepsiCo common stock. The sales were reported as open-market transactions and included both directly held shares and shares held indirectly through a non-U.S. company.

How many PepsiCo (PEP) shares did Eugene Willemsen sell and at what prices?

Eugene Willemsen sold 6,500 PepsiCo shares in total. He sold 3,798 directly at about $164.455 per share and 2,702 indirectly at about $164.4423 per share, with individual prices ranging from $164.4416 to $164.4600.

How many PepsiCo (PEP) shares does Eugene Willemsen hold after these sales?

After the reported transactions, Eugene Willemsen holds 63,407 PepsiCo shares directly and 20,342 shares indirectly. These post-transaction holdings reflect his remaining ownership following the 6,500 shares of PepsiCo common stock sold in the open market.

Were Eugene Willemsen’s PepsiCo (PEP) share sales direct or indirect?

Eugene Willemsen’s sales included both direct and indirect holdings. He sold 3,798 PepsiCo shares held directly in his name and 2,702 shares held indirectly through a non-U.S. company, with both transactions classified as open-market sales.

What does the footnote say about the pricing of Eugene Willemsen’s PepsiCo (PEP) share sales?

The footnote explains that the PepsiCo shares were sold at prices ranging from $164.4416 to $164.4600. It also states Willemsen will provide detailed information on the number of shares sold at each separate price upon request to regulators, the company, or shareholders.

What role does Eugene Willemsen hold at PepsiCo (PEP) in this insider filing?

In this insider filing, Eugene Willemsen is identified as an officer of PepsiCo serving as CEO, International Beverages. His position is disclosed alongside the reported open-market sales of PepsiCo common stock totaling 6,500 shares on the transaction date.