PepsiCo Inc: director Robert C Pohlad bought 184,646 shares

What happened

• Robert C Pohlad, a director, acquired a total of 184,646 shares of PepsiCo common stock in transactions reported on Oct 14, 2026. The filing shows four purchase entries at $128.28 per share for total amounts of $10,840,558; $5,782,221; $5,782,221; and $1,281,389, totaling $23,686,389.

Key details

• Transaction date and price: Oct 14, 2026, at $128.28 per share (four purchases).
• Form filed: Oct 16, 2026.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing:
  • F1: Shares were acquired from irrevocable trusts via the reporting person's power to substitute assets; a revocable trust (reporting person as sole trustee and beneficiary) transferred cash equal to the fair market value on Oct 14, 2026.
  • F2: Includes 168,632 shares previously reported as directly owned by the reporting person that were transferred to the reporting person's revocable trust.
  • F3: Includes shares previously reported as directly owned by the reporting person's spouse that were transferred to the spouse's revocable trust (reporting person is co-trustee).
• No late-filing indication is stated in the information provided.

Why it may matter

• The filing reports purchases (code P) but footnote F1 indicates the shares were obtained via trust asset substitution rather than necessarily bought on the open market.
• A filing does not show why the insider traded or why the company acted.