PepsiCo

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-03-01 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: PEPSICO INC (PEP) CIK: 0000077476 --- Reporting Owner --- Name: Flavell David CIK: 0001846812 Role: Officer (EVP, Gen Counsel & Corp Sec) --- Non-Derivative Transactions --- [Transaction #1] Security: PepsiCo, Inc. Common Stock Date: 2026-03-01 | Code: A (Grant or award) Shares: +12,160 | Price: $0.00 Shares Owned After: 54,820 | Ownership: D (Direct) 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. [Transaction #2] Security: PepsiCo, Inc. Common Stock Date: 2026-03-01 | Code: A (Grant or award) Shares: +25,831 | Price: $0.00 Shares Owned After: 80,651 | Ownership: D (Direct) Footnotes: [F2] 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. [Transaction #3] Security: PepsiCo, Inc. Common Stock Date: 2026-03-01 | Code: D (Sale to issuer) Shares: -783 | Price: $0.00 Shares Owned After: 79,868 | Ownership: D (Direct) Footnotes: [F3] 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. [Transaction #4] Security: PepsiCo, Inc. Common Stock Date: 2026-03-01 | Code: F (Payment of exercise/tax) Shares: -2,143 | Price: $169.05 Total Value: $362,274.15 Shares Owned After: 77,725 | Ownership: D (Direct) Footnotes: [F4] This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs. --- Footnotes (Complete Index) --- 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: 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. F3: 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. F4: This number represents shares of PepsiCo Common Stock withheld to satisfy the tax withholding obligation due upon vesting of PSUs. --- Signature --- /s/ /s/ Cynthia A. Nastanski, Attorney-in-Fact (2026-03-03)