Krishnan Ramkumar 4
4 · PEPSICO INC · Filed Mar 3, 2026
Insider Transaction Report
Form 4
PEPSICO INCPEP
Krishnan Ramkumar
CEO, North America
Transactions
- Award
PepsiCo, Inc. Common Stock
[F1][F2]2026-03-01+26,588→ 82,748 total - Award
PepsiCo, Inc. Common Stock
[F3]2026-03-01+17,725→ 100,473 total - Disposition to Issuer
PepsiCo, Inc. Common Stock
[F4]2026-03-01−1,343→ 99,130 total - Tax Payment
PepsiCo, Inc. Common Stock
[F5]2026-03-01$169.05/sh−4,136$699,191→ 94,994 total - Award
Phantom Stock Holding
[F6][F7][F8]2026-03-01+105.364→ 2,719.597 total→ PepsiCo, Inc. Common Stock (105.364 underlying)
Holdings
- 5,688(indirect: By GRAT)
PepsiCo, Inc. Common Stock
[F2] - 1,320(indirect: By Trust)
PepsiCo, Inc. Common Stock
Footnotes (8)
- [F1]This number represents the performance-based restricted stock units ("PSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These PSUs will become vested on March 1, 2029 contingent upon the achievement of pre-established performance targets over a three-year performance period and Compensation Committee approval. The reporting person may receive a number of shares of PepsiCo Common Stock from 0% to 250% of the PSUs granted, depending on the performance level achieved.
- [F2]Amount of securities beneficially owned following reported transaction reflects the return of 4,312 shares previously owned indirectly by the reporting person in a grantor retained annuity trust ("GRAT").
- [F3]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.
- [F4]This number represents the PSUs granted in March 2023 that were canceled at the end of the performance period because the applicable performance targets were not met.
- [F5]This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.
- [F6]These phantom units are held under the PepsiCo Executive Income Deferral Program ("EID") and convert to shares of PepsiCo Common Stock on a one-for-one basis.
- [F7]This amount relates to dividends credited to the reporting person's phantom stock account between March 2, 2025 and March 1, 2026 pursuant to the EID, at prices ranging from $132.04 to $149.94.
- [F8]This security is payable pursuant to the reporting person's election and the terms of the EID.
Signature
/s/ Cynthia A. Nastanski, Attorney-in-Fact|2026-03-03