PepsiCo Files 8-K: Director Changes, Shareholder Votes, Financials

Ticker: PEP · Form: 8-K · Filed: 2024-05-03T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, financial-reporting

Related Tickers: PEP

TL;DR

PepsiCo's 8-K shows director changes, executive comp updates, and shareholder votes are happening.

AI Summary

PepsiCo, Inc. filed an 8-K on May 3, 2024, reporting on several key events. These include the departure of a director, the election of new directors, and updates to executive compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and the filing of financial statements and exhibits.

Why It Matters

This filing provides crucial updates on corporate governance and executive compensation, which can impact investor confidence and the company's strategic direction.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance and financial reporting, with no immediate indication of significant financial distress or operational disruption.

Key Players & Entities

PEPSICO INC (company) — Filer
700 ANDERSON HILL RD (location) — Business Address
PURCHASE (location) — City
NY (location) — State
10577 (location) — ZIP Code

FAQ

Who has departed from PepsiCo's board of directors?

The filing indicates the departure of a director, but the specific name is not detailed in the provided text.

Were there any new directors elected to PepsiCo's board?

Yes, the filing states that there was an election of directors.

What other items were submitted to a vote of security holders?

The filing mentions the submission of matters to a vote of security holders, but the specific matters are not detailed in the provided text.

What financial information is being filed?

The filing includes financial statements and exhibits.

When was this 8-K filing submitted?

This 8-K filing was submitted on May 3, 2024.

From the Filing

0000077476-24-000026.txt : 20240503 0000077476-24-000026.hdr.sgml : 20240503 20240503162218 ACCESSION NUMBER: 0000077476-24-000026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240501 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240503 DATE AS OF CHANGE: 20240503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEPSICO INC CENTRAL INDEX KEY: 0000077476 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 131584302 STATE OF INCORPORATION: NC FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01183 FILM NUMBER: 24913496 BUSINESS ADDRESS: STREET 1: 700 ANDERSON HILL RD CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9142532000 MAIL ADDRESS: STREET 1: 700 ANDERSON HILL ROAD CITY: PURCHASE STATE: NY ZIP: 10577-1444 FORMER COMPANY: FORMER CONFORMED NAME: PEPSI COLA CO DATE OF NAME CHANGE: 19700903 8-K 1 pep-20240501.htm 8-K pep-20240501 0000077476 false 0000077476 2024-05-01 2024-05-01 0000077476 us-gaap:CommonStockMember 2024-05-01 2024-05-01 0000077476 pep:ZeroPointTwoFivePercentNotesDue2024Member 2024-05-01 2024-05-01 0000077476 pep:TwoPointSixTwoFivePercentNotesDue2026Member 2024-05-01 2024-05-01 0000077476 pep:ZeroPointSevenFivePercentNotesDue2027Member 2024-05-01 2024-05-01 0000077476 pep:ZeroPointEightSevenFivePercentNotesDue2028Member 2024-05-01 2024-05-01 0000077476 pep:ZeroPointFivePercentNotesDue2028Member 2024-05-01 2024-05-01 0000077476 pep:ThreePointTwoPercentNotesDue2029Member 2024-05-01 2024-05-01 0000077476 pep:OnePointOneTwoFivePercentNotesDue2031Member 2024-05-01 2024-05-01 0000077476 pep:ZeroPointFourPercentNotesDue2032Member 2024-05-01 2024-05-01 0000077476 pep:ZeroPointSevenFiveZeroPercentNotesDue2033Member 2024-05-01 2024-05-01 0000077476 pep:ThreePointFiveFivePercentNotesDue2034Member 2024-05-01 2024-05-01 0000077476 pep:ZeroPointEightSevenFivePercentNotesDue2039Member 2024-05-01 2024-05-01 0000077476 pep:OnePointZeroFivePercentNotesDue2050Member 2024-05-01 2024-05-01 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 1, 2024 PepsiCo, Inc. (Exact name of registrant as specified in its charter)   North Carolina   1-1183   13-1584302 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 700 Anderson Hill Road , Purchase , New York 10577 (Address of principal executive offices and Zip Code) Registrant’s telephone number, including area code: ( 914 )  253-2000 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each class Trading Symbols Name of each exchange on which registered Common Stock, par value 1-2/3 cents per share PEP The Nasdaq Stock Market LLC 0.250% Senior Notes Due 2024 PEP24 The Nasdaq Stock Market LLC 2.625% Senior Notes Due 2026 PEP26 The Nasdaq Stock Market LLC 0.750% Se