Form 4: PepsiCo SVP and Controller Reports Changes in Beneficial Ownership
SEC Filing
Marie T. Gallagher, SVP and Controller at PepsiCo, filed a Form 4 detailing changes in her beneficial ownership of PepsiCo stock due to tax withholding and savings plan activity.
Summary
- Marie T. Gallagher, a Senior Vice President and Controller at PepsiCo, filed a Form 4 with the SEC.
- The filing reports changes in her beneficial ownership of PepsiCo Inc. common stock.
- On March 1, 2025, 3,083 shares were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock units at a price of $153.725 per share.
- As of February 28, 2025, Gallagher held 361.079 shares indirectly through the PepsiCo Savings Plan.
- Since the last report, she acquired 11.7906 shares under the plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common for publicly traded companies like PepsiCo.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- It has a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Shares of PepsiCo Common Stock withheld to satisfy tax obligations. |
| 02/28/2025 | Date reflecting the number of shares held under the reporting person's account in the PepsiCo Savings Plan. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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