PepsiCo (PEP) awards PSUs and RSUs to executive Eugene Willemsen
Rhea-AI Filing Summary
Willemsen Eugene reported acquisition or exercise transactions in this Form 4 filing.
PepsiCo executive Eugene Willemsen reported new equity awards as part of his compensation. On July 1, 2026, he received 540 performance-based restricted stock units (PSUs) and 809 restricted stock units (RSUs), both recorded at $0.0000 per unit, reflecting non-cash compensation.
The PSUs will vest on March 1, 2029 only if pre-established performance targets are achieved over a three-year performance period and after Compensation Committee approval. Depending on results, he may ultimately receive from 0% to 250% of the PSUs granted in PepsiCo common stock.
The RSUs vest over time, with 33% scheduled on each of March 1, 2027 and March 1, 2028, and 34% on March 1, 2029, contingent on satisfying conditions in the award agreement. The filing also notes 20,342 shares of PepsiCo common stock held indirectly through a non-U.S. company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,349 shares
Net Buy
3 txns
Insider
Willemsen Eugene
Role
CEO, International Beverages
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PepsiCo, Inc. Common Stock | 809 | $0.00 | $0.00 |
| Grant/Award | PepsiCo, Inc. Common Stock | 540 | $0.00 | $0.00 |
| holding | PepsiCo, Inc. Common Stock | -- | -- | -- |
Holdings After Transaction:
PepsiCo, Inc. Common Stock — 64,756 shares (Direct);
PepsiCo, Inc. Common Stock — 20,342 shares (Indirect, By Non-U.S. Company)
Footnotes (2)
- 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, 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.
- F2. This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo. These RSUs will vest 33% on each of March 1, 2027 and March 1, 2028 and 34% on March 1, 2029, contingent upon the reporting person's satisfaction of conditions in the applicable award agreement. RSUs are calculated on a one-for-one share basis.
Key Figures
PSU grant: 540 units
RSU grant: 809 units
PSU payout range: 0%–250% of units
+2 more
5 metrics
PSU grant
540 units
Performance-based restricted stock units granted July 1, 2026
RSU grant
809 units
Restricted stock units granted July 1, 2026
PSU payout range
0%–250% of units
Potential PepsiCo common shares delivered based on performance
Indirect holdings
20,342 shares
PepsiCo common stock held indirectly by a non-U.S. company
RSU vesting dates
2027, 2028, 2029
33% vest March 1, 2027 and 2028; 34% March 1, 2029
Key Terms
performance-based restricted stock units ("PSUs"), restricted stock units ("RSUs"), three-year performance period, Compensation Committee approval, +1 more
5 terms
performance-based restricted stock units ("PSUs") financial
"This number represents the performance-based restricted stock units ("PSUs") granted as a portion of the reporting person's compensation"
restricted stock units ("RSUs") financial
"This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
three-year performance period financial
"contingent upon the achievement of pre-established performance targets over a three-year performance period"
Compensation Committee approval financial
"over a three-year performance period and Compensation Committee approval"
FAQ
What insider transactions did PepsiCo (PEP) report for Eugene Willemsen?
PepsiCo reported that Eugene Willemsen received grants of 540 performance-based restricted stock units and 809 restricted stock units as compensation. These are equity awards at no cash cost, subject to multi-year vesting and performance or service conditions before shares are delivered.
How do Eugene Willemsen’s new PSUs from PepsiCo (PEP) vest?
The 540 performance-based restricted stock units vest on March 1, 2029, if pre-established performance targets are met over a three-year period. Final payouts, from 0% to 250% of the units granted, also require Compensation Committee approval before shares are issued.
What is the vesting schedule for Eugene Willemsen’s PepsiCo (PEP) RSU grant?
The 809 restricted stock units vest based on continued service: 33% on March 1, 2027, 33% on March 1, 2028, and 34% on March 1, 2029. Vesting depends on satisfying the conditions set out in the applicable award agreement.
Are Eugene Willemsen’s PepsiCo (PEP) equity awards open-market purchases?
No, the Form 4 shows these as compensation grants, not market purchases. Both the 540 PSUs and 809 RSUs are recorded at a price of $0.0000 per unit, indicating they are issued by PepsiCo as part of his executive pay package.
What indirect PepsiCo (PEP) holdings are reported for Eugene Willemsen?
The filing shows 20,342 shares of PepsiCo common stock held indirectly through a non-U.S. company. This entry reflects indirect ownership, separate from the new PSU and RSU grants, and is categorized as an indirect holding in the ownership data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
