{"schema_version":"secwatch.filing_event.v1","accession":"0000077476-26-000042","form_type":"8-K","ticker":"PEP","cik":"0000077476","company_name":"PEPSICO INC","filed_at":"2026-09-17T21:10:36+00:00","discovered_at":"2026-09-17T21:12:00.939670+00:00","generated_at":"2026-09-17T21:12:04.811705+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"PepsiCo elects J&J CEO Joaquin Duato to board, effective Dec 1, 2026","bullets":["Duato, 64, to join as independent director and serve on Audit Committee starting Dec 1, 2026.","He has been Johnson & Johnson Chairman since 2023 and CEO since 2022; director since 2022.","Receives 1,000 PepsiCo shares plus prorated phantom stock units (approx. $166,667 value at 12/1/26 close).","Annual cash retainer begins with $60,000 semi-annual payment in June 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0000077476-26-000042","json":"https://secwatch.observer/filing/0000077476-26-000042.json","markdown":"https://secwatch.observer/filing/0000077476-26-000042.md","text":"https://secwatch.observer/filing/0000077476-26-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/77476/000007747626000042/0000077476-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/77476/000007747626000042/pep-20260917.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-17T21:12:04.811705+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2405c15bf2","claim":"Joaquin Duato was elected as independent member of the Board at PEPSICO INC.","evidence_excerpt":"On September 17, 2026, the Board of Directors (the “Board”) of PepsiCo, Inc. (“PepsiCo”) elected Joaquin Duato as an independent member of the Board, effective December 1, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/77476/000007747626000042/0000077476-26-000042-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"independent member of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}