PepsiCo (PEP) SVP Tammara Christine E gets stock grant, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PepsiCo senior vice president and controller Tammara Christine E reported routine equity compensation activity. She received 4,963 restricted stock units as part of her compensation, which vest in equal parts over three years, each unit representing one share. To cover tax withholding when restricted stock units vested, 1,234 shares of PepsiCo common stock were withheld at a price of $169.05 per share. After these transactions, she directly holds 17,859 shares of PepsiCo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tammara Christine E
Role
SVP and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | PepsiCo, Inc. Common Stock | 4,963 | $0.00 | -- |
| Tax Withholding | PepsiCo, Inc. Common Stock | 1,234 | $169.05 | $209K |
Holdings After Transaction:
PepsiCo, Inc. Common Stock — 19,093 shares (Direct)
Footnotes (1)
- 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 shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of RSUs.
FAQ
What insider transactions did PepsiCo (PEP) report for Tammara Christine E?
PepsiCo reported that SVP and controller Tammara Christine E received 4,963 restricted stock units as compensation and had 1,234 shares withheld to cover tax obligations upon vesting. Both transactions involve PepsiCo common stock and reflect routine equity compensation activity, not open-market trading.
What is the nature of the 4,963 PepsiCo (PEP) restricted stock units granted?
The 4,963 restricted stock units represent part of Tammara Christine E’s compensation from PepsiCo. These units vest ratably over three years, starting on the first anniversary of the grant date, subject to meeting conditions in the award agreement. Each restricted stock unit converts into one share of common stock.
How do the PepsiCo (PEP) restricted stock units vest for this executive grant?
The restricted stock units granted to Tammara Christine E vest ratably over a three-year period, beginning on the first anniversary of the grant date. Vesting remains contingent on satisfying conditions in the applicable award agreement, and each vested unit represents one share of PepsiCo common stock.