Gibbs David W 4

What Happened David W. Gibbs, a director of PepsiCo, received an award of 70.661 shares on June 1, 2026. The filing reports a per-share value of $141.52, giving the award a reported total value of $10,000. This transaction is coded as an award/acquisition (A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
• Shares received: 70.661 at $141.52 per share; total reported value $10,000.
• Transaction type: Award/Acquisition (code A) from the PepsiCo Director Deferral Program.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: The shares represent a regular cash payment (or portion) that Mr. Gibbs elected to defer under the PepsiCo Director Deferral Program; payment was made in shares at the end of the selected deferral period.

Context This was a compensation-related issuance (deferred cash converted to shares), not a market purchase or sale. Such awards reflect routine director compensation arrangements and should be interpreted as compensation receipt rather than a direct signal of the director’s trading view.