Form 4: PepsiCo Executive Ramkumar Krishnan Sells Shares on March 11, 2024
SEC Form 4 Filing
Ramkumar Krishnan, CEO of PepsiCo Beverages North America, sold 4,563 shares of PepsiCo stock at $164.44 on March 11, 2024.
Summary
- On March 11, 2024, Ramkumar Krishnan, CEO of PepsiCo Beverages North America, sold 4,563 shares of PepsiCo Inc. common stock.
- The sale price was $164.44 per share.
- Following the transaction, Krishnan directly owns 59,573 shares of PepsiCo Inc. common stock.
- Krishnan also indirectly owns 1,320 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event in itself. The sentiment is therefore considered neutral.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock and future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock sale transaction |
| 03/13/2024 | Date of signature by Attorney-in-Fact |
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