PEPSICO INC — Director's Dealing 2026

Mar 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEPSICO INC (PEP)
CIK: 0000077476
Period of Report: 2026-03-01

Reporting Person: Krishnan Ramkumar (CEO, North America)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-03-01	PepsiCo, Inc. Common Stock	A	26588	—	Acquired	82748	Direct
2026-03-01	PepsiCo, Inc. Common Stock	A	17725	—	Acquired	100473	Direct
2026-03-01	PepsiCo, Inc. Common Stock	D	1343	—	Disposed	99130	Direct
2026-03-01	PepsiCo, Inc. Common Stock	F	4136	$169.05	Disposed	94994	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-03-01	Phantom Stock Holding	$	A	105.3639	Acquired		PepsiCo, Inc. Common Stock (105.3639)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
PepsiCo, Inc. Common Stock	5688	Indirect
PepsiCo, Inc. Common Stock	1320	Indirect

Footnotes

F1: This number represents the performance-based restricted stock units ("PSUs") granted as a portion of the reporting person's compensation from PepsiCo, Inc. These PSUs will become vested on March 1, 2029 contingent upon the achievement of pre-established performance targets over a three-year performance period and Compensation Committee approval. The reporting person may receive a number of shares of PepsiCo Common Stock from 0% to 250% of the PSUs granted, depending on the performance level achieved.

F2: Amount of securities beneficially owned following reported transaction reflects the return of 4,312 shares previously owned indirectly by the reporting person in a grantor retained annuity trust ("GRAT").

F3: This number represents the restricted stock units ("RSUs") granted as a portion of the reporting person's compensation from PepsiCo. These RSUs vest ratably over a three-year vesting period beginning on the first anniversary of the grant date contingent upon the reporting person's satisfaction of conditions in the applicable award agreement. RSUs are calculated on a one-for-one share basis.

F4: This number represents the PSUs granted in March 2023 that were canceled at the end of the performance period because the applicable performance targets were not met.

F5: This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs.

F6: These 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.

F7: This amount relates to dividends credited to the reporting person's phantom stock account between March 2, 2025 and March 1, 2026 pursuant to the EID, at prices ranging from $132.04 to $149.94.

F8: This security is payable pursuant to the reporting person's election and the terms of the EID.