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The senior vice president of finance at PepsiCo Inc. exercised options for 47,177 shares of stock, according to a Securities and Exchange Commission (SEC) filing Oct. 17.
In a Form 4 filed with the SEC, Matthew McKenna reported he exercised options at $34 to $43.50 apiece and sold 48,362 shares for $71 to $71.33 apiece Oct. 15.
Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.
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