[Form 4] PEPSICO INC Insider Trading Activity
Rhea-AI Filing Summary
PepsiCo executive Becky Schmitt, EVP and Chief People Officer, reported several equity compensation transactions in PepsiCo common stock. On March 1, 2026, she acquired 10,742 performance-based restricted stock units (PSUs) and 24,886 restricted stock units (RSUs) as part of her compensation, both at a reported price of $0.00 per unit.
The PSUs vest on March 1, 2029, contingent on pre-established performance targets over a three-year period and Compensation Committee approval, and may deliver from 0% to 250% of the PSUs granted in PepsiCo shares. The RSUs vest ratably over three years, starting one year after the grant date, on a one-for-one share basis.
The filing also shows 1,095 previously granted PSUs from June 2023 were canceled because performance targets were not met, and 3,749 shares were withheld at $169.05 per share to cover tax obligations upon PSU vesting. After these transactions, Schmitt directly owned 64,358 shares of PepsiCo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PepsiCo, Inc. Common Stock | 10,742 | $0.00 | -- |
| Grant/Award | PepsiCo, Inc. Common Stock | 24,886 | $0.00 | -- |
| Disposition | PepsiCo, Inc. Common Stock | 1,095 | $0.00 | -- |
| Tax Withholding | PepsiCo, Inc. Common Stock | 3,749 | $169.05 | $634K |
Footnotes (1)
- 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, 2029 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 250% of the PSUs granted, depending on the performance level achieved. This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo. These RSUs vest ratably over a three-year vesting period beginning on the first anniversary of the grant date contingent upon the reporting person's satisfaction of conditions in the applicable award agreement. RSUs are calculated on a one-for-one share basis. This number represents the PSUs granted in June 2023 that were canceled at the end of the performance period because the applicable performance targets were not met. This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.