PEPSICO (PEP) EVP David Flavell Sells 2,900 Shares

What Happened
David Flavell, EVP, General Counsel & Corporate Secretary of PepsiCo (PEP), sold 2,900 shares of PepsiCo common stock in an open-market disposition on July 27, 2026. The reported proceeds from the sale totaled approximately $404,674, with prices ranging narrowly around $139.54 per share.

Key Details

• Transaction date: July 27, 2026 (reported on Form 4 filed July 29, 2026). Filing appears timely.
• Transaction type/code: Sale (S) — open-market/private sale.
• Shares sold: 2,900 shares.
• Price(s): reported average $139.54; footnote indicates actual sale prices ranged from $139.5304 to $139.5450.
• Proceeds: ~$404,674.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 notes per-share prices vary in the narrow range above and that the reporting person can provide exact per-price quantities on request to the SEC, the company, or a security holder.

Context
This was a straightforward open-market sale. Sales by insiders can reflect routine financial planning (e.g., diversification or tax needs) and are generally less informative about company prospects than purchases. No options exercise, award, or gift was reported in this filing.