PepsiCo Inc: director Michelle Gass received 2,060.058 shares

What happened

• Michelle Gass, director, received 1,592.357 shares on Oct 1, 2026 at $125.60 per share for $200,000 and 467.701 shares on Sep 30, 2026 (both reported as awards/grants, code A).

Key details

• Transaction dates and prices: 467.701 shares on Sep 30, 2026 at N/A; 1,592.357 shares on Oct 1, 2026 at $125.60 ($200,000).
• Shares owned after the transaction: not reported in this filing.
• Footnotes:
  • F1: Includes phantom stock units acquired between Oct 1, 2025 and Sep 30, 2026 through reinvestment of dividend equivalents at prices ranging from $126.72 to $155.29, payable in shares of PepsiCo common stock on a one-for-one basis.
  • F2: Represents phantom stock units received for service as a director that are payable in shares of PepsiCo common stock on a one-for-one basis commencing on the first day of the calendar quarter following the first anniversary of the filing person's retirement or resignation from PepsiCo's board of directors.
• Form 4 filed Oct 5, 2026; period of report Oct 1, 2026. No late filing indicated in the document.

Why it may matter

• These were awards of phantom stock units payable in shares (an award/grant), not open-market purchases or sales.
• The F1 units include dividend reinvestment purchases at various prices; the F2 units are payable upon retirement or resignation after the specified waiting period.
• A filing does not show why the insider traded or why the company acted.