PEP Director Holdings Rise to 47,806 Shares After Dividend Reinvestment
Rhea-AI Filing Summary
Ian M. Cook, a director of PepsiCo, Inc. (PEP), reported purchases of PepsiCo common stock and accruals of director phantom stock units. On 09/30/2025 he acquired 1,639.0622 shares (credited from dividend-equivalent reinvestment) bringing his holdings to 46,409.2835 shares. On 10/01/2025 he acquired 1,397.2334 shares at a price of $143.14, increasing his total to 47,806.5169 shares. The Form 4 notes the 09/30/2025 units were credited between 10/01/2024 and 09/30/2025 at prices from $132.04 to $149.94 under the PepsiCo Director Deferral Program, and the 10/01/2025 units represent director compensation payable in shares after retirement or resignation.
Positive
- Director increased ownership to 47,806.5169 shares, signaling alignment with shareholders
- Acquisitions included reinvested dividend equivalents credited across 10/01/2024–09/30/2025 at prices between $132.04 and $149.94
Negative
- None.
Insights
Director increased equity holdings via compensation and dividend reinvestment.
The Form 4 shows Ian M. Cook acquired a combined 3,036.2956 shares across two reported entries, raising his beneficial ownership to 47,806.5169 shares. These acquisitions are recorded as director compensation and dividend-equivalent reinvestment under the PepsiCo Director Deferral Program.
This matters because director-held equity aligns board incentives with shareholders and discloses the timing and price range of shares credited ($132.04–$149.94), plus a purchase at $143.14, all facts directly in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PepsiCo, Inc. Common Stock | 1,397.233 | $143.14 | $200K |
| Grant/Award | PepsiCo, Inc. Common Stock | 1,639.062 | $0.00 | -- |
Footnotes (1)
- This number includes the phantom stock units acquired on various dates between October 1, 2024 and September 30, 2025 through reinvestment of dividend equivalents pursuant to the PepsiCo Director Deferral Program, at prices ranging from $132.04 to $149.94, payable in shares of PepsiCo Common Stock on a one-for-one basis. This number represents the filing person's phantom stock units received for service as a director that are payable in shares of PepsiCo Common Stock on a one-for-one basis commencing on the first day of the calendar quarter following the first anniversary of the filing person's retirement or resignation from PepsiCo's Board of Directors.