PEPSICO INC 4

PepsiCo North America CEO Krishnan Ramkumar restructured 5,688 and 1,320 PepsiCo common shares among trusts and received 76.859 dividend-equivalent phantom stock units, with no open-market trades.

On August 3, 2026, PepsiCo North America CEO Krishnan Ramkumar reported a series of non-open-market, journal transactions involving PepsiCo, Inc. common stock and phantom stock units that represent changes in the form of beneficial ownership rather than true purchases or sales. Specifically, he withdrew 5,688 shares previously held indirectly in a grantor retained annuity trust (GRAT 1), exchanging them for cash and other assets at an implied value of $139.63 per share (about $794,000), and restructured additional indirect holdings so that 5,688 shares and 1,320 shares became held by GRAT 2 following contributions and transfers from direct holdings and a family trust, also valued at $139.63 per share (roughly $794,000 and $184,000, respectively). Separately, he received 76.859 additional phantom stock units under the PepsiCo Executive Income Deferral Program, credited as dividend equivalents at prices between $135.40 and $155.29, increasing his phantom stock balance to 80,670 units, which are payable in PepsiCo common stock on a one-for-one basis under the plan. After these internal reallocations and phantom unit accruals, Ramkumar’s beneficial ownership includes 21,332 shares indirectly held by GRAT 2 plus substantial phantom holdings, with no reported open-market buying or selling activity.

Filing Facts

CIK

77476

Ticker

PEP

Form

4

Source Type

sec

Accession

0001689525-26-000014

Alert Tier

7