Form 4: PepsiCo Director Segun Agbaje Reports Stock Acquisitions
SEC Form 4
Director Segun Agbaje reports acquiring PepsiCo common stock through dividend reinvestment and a deferral program.
Summary
- On May 31, 2024, Segun Agbaje acquired 121.8848 shares of PepsiCo Common Stock through dividend reinvestment.
- On June 1, 2024, Agbaje acquired 350.4058 shares of PepsiCo Common Stock at a price of $171.23 through the PepsiCo Director Deferral Program.
- Following these transactions, Agbaje directly owns 9,376.9226 shares of PepsiCo Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock acquisitions by a company director, indicating standard compensation and investment activities.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like PepsiCo. It provides transparency into the actions of company leadership.
Stakeholder Impact
- The transactions reflect the director's continued investment in the company, which can be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 2023-12-01 | Start date for phantom stock units acquired through reinvestment of dividend equivalents. |
| 2024-05-31 | Acquisition of 121.8848 shares of PepsiCo Common Stock through dividend reinvestment. |
| 2024-06-01 | Acquisition of 350.4058 shares of PepsiCo Common Stock at $171.23 through the Director Deferral Program. |
| 2024-06-04 | Date of the report filing. |
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