SEC Form 4 · accession 0001689525-26-000014
PEPSICO INC · PEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ramkumar Krishnan
Officer — CEO, North America
Period of report
Aug 3, 2026
Accepted (ET)
Aug 5, 2026 · 4:41 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000077476
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| PepsiCo, Inc. Common StockF1 | Aug 3, 2026 | J | 5,688 | — | D | 0 | I | By GRAT 1 |
| PepsiCo, Inc. Common StockF1,F2 | Aug 3, 2026 | J | 5,688 | — | A | 20,012 | I | By GRAT 2 |
| PepsiCo, Inc. Common StockF3 | Aug 3, 2026 | J | 1,320 | — | D | 0 | I | By Family Trust |
| PepsiCo, Inc. Common StockF3 | Aug 3, 2026 | J | 1,320 | — | A | 21,332 | I | By GRAT 2 |
| PepsiCo, Inc. Common StockF2 | holding | — | — | — | 80,670 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock HoldingF5,F4,F6 | — | Aug 3, 2026 | A | 77 | A | — | — | PepsiCo, Inc. Common Stock | 77 | 2,777 | D |
Explanation of responses
- F1On August 3, 2026, the reporting person withdrew 5,688 shares of PepsiCo common stock previously owned indirectly (and previously reported) by the reporting person in a grantor retained annuity trust ("GRAT 1"). The shares are being exchanged by the reporting person for cash and other assets of equivalent value to GRAT 1. The shares were valued at $139.63 per share (the closing market price on the the date of transfer). The reporting person believes that the withdrawal of shares from GRAT 1 constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.
- F2Amount of securities beneficially owned reflects a transfer of 14,324 shares previously owned directly by the reporting person that were contributed to GRAT 2.
- F3Reflects a transfer by a family trust to GRAT 2 that are being exchanged for cash and other assets of equivalent value. The shares were valued at $139.63 per share (the closing market price on the date of transfer).
- F4These 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.
- F5This amount relates to dividends credited to the reporting person's phantom stock account between March 2, 2026 and August 3, 2026 pursuant to the EID, at prices ranging from $135.40 to $155.29.
- F6This security is payable pursuant to the reporting person's election and the terms of the EID.