secwatch.observer — SEC 8-K summary
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Issuer:     PEPSICO INC (PEP)
CIK:        0000077476
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0000077476-24-000026
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PepsiCo shareholders approve LTIP, say-on-pay, and all director nominees; all 7 shareholder proposals defeated
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- Fifteen directors elected, all with >90% support; Ramon Laguarta received lowest at 92.4%.
- KPMG ratified as FY2024 auditor with 93.5% for (1.1B shares voted).
- Say-on-pay approved with 88.9% of votes cast (889.4M for, 102.7M against).
- Long-Term Incentive Plan approved with 94.0% of votes cast (942.1M for).
- Shareholder proposals on golden parachutes, gender pay, DEI, and others all defeated by >80%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77476/000007747624000026/0000077476-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77476/000007747624000026/pep-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000077476-24-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer