PepsiCo director Pohlad restructures 900,000-share holding
PepsiCo director Robert C. Pohlad reported restructuring-related share transfers and equity awards.
Rhea-AI Filing Summary
PepsiCo director Robert C. Pohlad reported restructuring-related share transfers and equity awards. On August 6, 2026, a limited liability company distributed 900,000 shares of PepsiCo common stock to its member beneficiaries for no consideration for tax-planning purposes, with 79,731 shares received by Pohlad’s revocable trust. Separately, on August 5, 2026, he acquired 398.3229 phantom stock units through dividend-equivalent reinvestment under the PepsiCo Director Deferral Program, bringing his direct holdings of PepsiCo common stock (including phantom units) to 189,758.0862 shares, plus 79,731 shares held via the revocable trust and 27 shares held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
POHLAD ROBERT C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | PepsiCo, Inc. Common Stock F2 | 900,000 | $0.00 | $0.00 |
| Other | PepsiCo, Inc. Common Stock F3, F4 | 79,731 | $0.00 | $0.00 |
| holding | PepsiCo, Inc. Common Stock | -- | -- | -- |
| Grant/Award | PepsiCo, Inc. Common Stock F1 | 398.3229 | -- | -- |
Holdings After Transaction:
PepsiCo, Inc. Common Stock — 189,758.0862 shares (Direct);
PepsiCo, Inc. Common Stock — 0 shares (Indirect, Held in Limited Liability Company);
PepsiCo, Inc. Common Stock — 79,731 shares (Indirect, Held By Revocable Trust);
PepsiCo, Inc. Common Stock — 27 shares (Indirect, Held by spouse)
Footnotes (4)
- F1. This number includes the phantom stock units acquired between March 3, 2026 and August 5, 2026, at prices ranging from $135.40 to $155.29, through reinvestment of dividend equivalents pursuant to the PepsiCo Director Deferral Program, payable in shares of PepsiCo Common Stock on a one-for-one basis.
- F2. Reflects transfers of 900,000 shares of PepsiCo Common Stock held by a limited liability company ("LLC 1") to certain member beneficiaries of LLC 1 for no consideration for tax planning purposes (the "Distribution"). In prior reports, the reporting person reported beneficial ownership of 900,000 shares of PepsiCo Common Stock held by a limited liability company ("LLC 2"). On August 6, 2026, prior to the Distribution, such 900,000 shares were transferred by LLC 2 to LLC 1 (the sole member of LLC 2), reflecting a change in form of indirect beneficial ownership.
- F3. Represents shares received in the Distribution.
- F4. Held by a revocable trust of which the reporting person is sole trustee and beneficiary.
Key Figures
LLC distribution transfer: 900,000 shares
Shares received by revocable trust: 79,731 shares
Phantom stock units acquired: 398.3229 units
+4 more
7 metrics
LLC distribution transfer
900,000 shares
Shares of PepsiCo common stock distributed by LLC 1 to member beneficiaries on August 6, 2026 for no consideration
Shares received by revocable trust
79,731 shares
Portion of the LLC distribution received by a revocable trust where the reporting person is sole trustee and beneficiary
Phantom stock units acquired
398.3229 units
Phantom stock units acquired via dividend-equivalent reinvestment between March 3, 2026 and August 5, 2026
Direct holdings after acquisition
189,758.0862 shares
Total direct holdings of PepsiCo common stock (including phantom units) after the August 5, 2026 acquisition
Spousal holdings
27 shares
Indirect holdings of PepsiCo common stock reported as held by spouse after the transactions
Dividend equivalent price range low
$135.40
Lowest price in the range for phantom stock units acquired via dividend equivalents
Dividend equivalent price range high
$155.29
Highest price in the range for phantom stock units acquired via dividend equivalents
Key Terms
phantom stock units, dividend equivalents, Director Deferral Program, revocable trust, +1 more
5 terms
phantom stock units financial
"This number includes the phantom stock units acquired between March 3, 2026 and August 5, 2026"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
dividend equivalents financial
"through reinvestment of dividend equivalents pursuant to the PepsiCo Director Deferral Program"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Director Deferral Program financial
"pursuant to the PepsiCo Director Deferral Program, payable in shares of PepsiCo Common Stock"
revocable trust financial
"Held by a revocable trust of which the reporting person is sole trustee and beneficiary."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
beneficial ownership financial
"the reporting person reported beneficial ownership of 900,000 shares of PepsiCo Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Robert C. Pohlad report in PepsiCo (PEP)'s latest Form 4?
Robert C. Pohlad reported a 900,000-share distribution of PepsiCo common stock from an LLC to member beneficiaries, 79,731 shares received by his revocable trust, and 398.3229 phantom stock units acquired through dividend-equivalent reinvestment under PepsiCo’s Director Deferral Program, updating his direct and indirect holdings.
What are the details of the phantom stock units acquired by Robert C. Pohlad under PepsiCo (PEP)'s Director Deferral Program?
Pohlad acquired 398.3229 phantom stock units between March 3, 2026 and August 5, 2026 through reinvestment of dividend equivalents at prices ranging from $135.40 to $155.29, under PepsiCo’s Director Deferral Program, payable in shares of PepsiCo common stock on a one-for-one basis.
What are Robert C. Pohlad's reported PepsiCo (PEP) holdings after these transactions?
After these transactions, Pohlad’s directly reported holdings of PepsiCo common stock (including phantom units) were 189,758.0862 shares, with an additional 79,731 shares held indirectly via a revocable trust and 27 shares held indirectly through his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
