PepsiCo (PEP) director Daniel Vasella adds to stake via deferred stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PepsiCo director Daniel Vasella reported two share awards under the PepsiCo Director Deferral Program, increasing his direct holdings to 91,895.7126 shares of PepsiCo common stock. On May 31, 2026, he acquired 1,480.9086 shares at a stated price of $0.0000 per share through a grant or award election. On June 1, 2026, he received an additional 423.9683 shares at $141.52 per share as a grant or award.
Footnotes explain that his position includes phantom stock units acquired between December 1, 2025 and May 31, 2026 via reinvested dividend equivalents, and amounts from regular cash fees that he elected to defer, all payable in PepsiCo common stock on a one-for-one basis at the end of his selected deferral periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VASELLA DANIEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PepsiCo, Inc. Common Stock | 423.968 | $141.52 | $60K |
| Grant/Award | PepsiCo, Inc. Common Stock | 1,480.909 | $0.00 | -- |
Holdings After Transaction:
PepsiCo, Inc. Common Stock — 91,895.713 shares (Direct, null)
Footnotes (1)
- This number includes the phantom stock units acquired on various dates between December 1, 2025 and May 31, 2026 through reinvestment of dividend equivalents pursuant to the PepsiCo Director Deferral Program, at prices ranging from $138.96 to $155.29, payable in shares of PepsiCo Common Stock on a one-for-one basis. This number represents the regular cash payment, or portion thereof, that the filing person elected to defer under the PepsiCo Director Deferral Program that is payable in shares of PepsiCo Common Stock at the end of the deferral period selected by the filing person.
Key Figures
Grant shares (May 31, 2026): 1,480.9086 shares
Grant shares (June 1, 2026): 423.9683 shares
Holdings after transactions: 91,895.7126 shares
+2 more
5 metrics
Grant shares (May 31, 2026)
1,480.9086 shares
Grant/award acquisition at $0.0000 per share
Grant shares (June 1, 2026)
423.9683 shares
Grant/award acquisition at $141.52 per share
Holdings after transactions
91,895.7126 shares
Total PepsiCo common stock directly held after reported awards
Dividend equivalent price range
$138.96–$155.29
Prices for phantom stock units from dividend reinvestment between Dec 1, 2025 and May 31, 2026
Number of acquisition transactions
2 transactions
Both coded as A (grant, award, or other acquisition)
Key Terms
phantom stock units, dividend equivalents, PepsiCo Director Deferral Program, deferral period
4 terms
phantom stock units financial
"includes the phantom stock units acquired on various dates between December 1, 2025 and May 31, 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.
PepsiCo Director Deferral Program financial
"pursuant to the PepsiCo Director Deferral Program, at prices ranging from $138.96 to $155.29"
deferral period financial
"payable in shares of PepsiCo Common Stock at the end of the deferral period selected by the filing person"
FAQ
What insider transactions did PepsiCo (PEP) director Daniel Vasella report?
Daniel Vasella reported two acquisitions of PepsiCo common stock as grants or awards. He received 1,480.9086 shares on May 31, 2026 and 423.9683 shares on June 1, 2026, both under the PepsiCo Director Deferral Program.
Were Daniel Vasella’s PepsiCo (PEP) Form 4 transactions open-market purchases?
No, the Form 4 describes both transactions as grants or awards, not open-market purchases. They arise from the PepsiCo Director Deferral Program, where director compensation and dividend equivalents are deferred and converted into PepsiCo common stock or phantom stock units.
What is the PepsiCo Director Deferral Program mentioned in Daniel Vasella’s Form 4?
The PepsiCo Director Deferral Program lets directors defer regular cash payments and reinvest dividend equivalents into phantom stock units. These units are payable in PepsiCo common stock on a one-for-one basis at the end of a deferral period selected by the participating director.