PepsiCo Director Edith W. Cooper Receives Routine Stock Unit Award

Overview

On October 5, 2026, PepsiCo, Inc. ($PEP) filed a Form 4 on behalf of Board Director Edith W. Cooper disclosing the acquisition of equity compensation in the form of phantom stock units.

Transaction Details

• Date: October 1, 2026
• Security: PepsiCo, Inc. Common Stock (Phantom Stock Units)
• Shares Acquired: 1,592.3566 units at $125.60 per unit (~$200,000.00 total value)
• Dividend Reinvestment: An additional 319.5787 units were acquired on September 30, 2026, via reinvestment of dividend equivalents under the PepsiCo Director Deferral Program (unit prices ranging from $126.72 to $155.29).
• Beneficial Ownership Following Transactions: 10,476.2111 shares/units held directly.

Footnote Insights

• The 1,592.3566 units represent director compensation payable in shares of PepsiCo Common Stock on a one-for-one basis beginning on the first day of the calendar quarter following the first anniversary of retirement or resignation from the Board.
• The 319.5787 units accumulated over the preceding twelve months (October 1, 2025 to September 30, 2026) via dividend equivalent reinvestment.

Trading Significance

This filing reflects routine, scheduled non-employee director compensation and automatic dividend reinvestments. Because these are pre-established compensatory awards and dividend accruals rather than open-market purchases or sales, the trading significance is rated as Low.