$PEP · PEPSICO INC
PepsiCo director Robert C. Pohlad reported four open-market purchases totaling 184,646 shares at $128.28 per share, for an aggregate outlay of $23,686,388.88. The transactions were not executed under a 10b5-1 plan. Post-transaction, Pohlad holds 433,009 shares.
- Director Robert C. Pohlad acquired 184,646 shares at $128.28 each, totaling $23,686,388.88.
- The purchases were executed across four separate transactions, all at the same price.
- Pohlad now holds 433,009 shares following the acquisitions.
- No 10b5-1 trading plan was used — the buys were discretionary.
- This is a cluster of four purchases by a single director on the same day.
PEP closed the regular session at $131.49, up 2.42% on the day. The filing hit after-hours; extended-hours last trade shows no additional move. A $23.7M director buy at $128.28 — a 2.4% discount to the close — signals conviction from a board-level insider.
A $23.7M discretionary buy by a board director is a high-conviction signal rarely seen at this scale in large-cap consumer staples.
_Not applicable._
Insider purchases are not guarantees of future performance; the director may have non-fundamental reasons for buying.
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