PepsiCo Director Dina Dublon Receives Routine Quarterly Board Equity Compensation

Insider Filing Analysis: PepsiCo, Inc. (PEP)

Executive Summary

On October 5, 2026, PepsiCo Director Dina Dublon reported acquisitions of phantom stock units under the PepsiCo Director Deferral Program. The transactions include a scheduled director retainer grant of approximately $200,000 in equity and dividend equivalent reinvestments accumulated over the preceding year. This represents standard board compensation and carries Low trading significance.

Transaction Details

• Filing Date: October 5, 2026
• Transaction Dates: September 30, 2026 & October 1, 2026
• Transactions Reported:
  1. 2026-09-30: 1,951.0962 phantom stock units acquired through reinvestment of dividend equivalents pursuant to the PepsiCo Director Deferral Program at prices between $126.72 and $155.29.
  2. 2026-10-01: 1,592.3566 phantom stock units awarded for service as a director at a reference price of $125.60 per share, totaling approximately $200,000.
• Post-Transaction Beneficial Ownership: 51,722.0748 shares (held directly as phantom units payable one-for-one in common stock post-retirement).

Significance and Market Impact

Because these transactions consist solely of automatic dividend reinvestments and routine director compensation awards rather than discretionary open-market buying or selling, there is no direct directional signal regarding company fundamentals or near-term sentiment.