Ramon Laguarta net worth: 2026 estimates split
As of Feb. 9, 2026, Ramon Laguarta’s estimated net worth ranges widely—roughly $65.6 million to $125 million—based on public equity holdings, SEC Form 4 disclosures, and third-party calculation models. The latest figures come from Quiver Quantitative (updated Oct. 29, 2025), Benzinga (recalculated estimate Aug. 8, 2025), and GuruFocus (dated Feb. 8, 2026). This article breaks down what changed, what’s documented, and what remains an estimate.
The key driver of the spread is methodology: different sites emphasize different definitions of shares owned, treat option grants and vested equity differently, and apply different price assumptions when estimating current value. Those differences matter because Laguarta is Chairman & CEO of PepsiCo Inc (NASDAQ: PEP) and, per third-party summaries, has exposure tied primarily to PEP (and, in some datasets, Visa Inc (NYSE: V)).
Ramon Laguarta’s Net Worth — Latest Estimate (Feb. 9, 2026)
Multiple trackers now place Ramon Laguarta’s net worth in a broad band, with Quiver Quantitative estimating “at least” $65.6 million (Oct. 29, 2025) and Benzinga listing $125 million (recalculated Aug. 8, 2025). GuruFocus does not always present a single consolidated net-worth number in the same way, but it does publish a frequently cited ownership snapshot and transaction note that investors use when forming an estimated net worth.
- Low-end (Quiver Quantitative): at least $65.6M (updated Oct. 29, 2025)
- High-end (Benzinga): $125M (recalculated estimate Aug. 8, 2025)
- Ownership snapshot (GuruFocus): 310,757 PEP shares as of Oct. 21, 2022, valued at $52,980,961 using $170.49/share (dated Feb. 8, 2026)
Takeaway: the “right” number depends on whether a model counts only disclosed equity, includes other assets, and how it treats awards, taxes, and price timing.
Key Details: Why Estimates Diverge Right Now
Recent updates across major tracking sites highlight an issue familiar to corporate finance readers: executive wealth is transparent in some places (like insider filings) but still incomplete when translated into a single net worth figure. Quiver Quantitative’s update (Oct. 29, 2025) pegs Laguarta’s net worth at “at least $65.6 million,” while also reporting 441,715 PEP shares owned worth about $64.6 million—implying the equity stake alone explains most of that floor.
By contrast, Benzinga’s recalculated estimate (Aug. 8, 2025) lists Laguarta at $125 million and references disclosed holdings spanning PepsiCo and Visa. Benzinga also aggregates historical insider transactions and totals by year, reporting that 2019 purchases totaled $1,267,889 for 91,651 shares and that 2024 sales totaled 64,290 shares for $10,551,596.25—its largest year by trade value in that dataset.
GuruFocus (Feb. 8, 2026) focuses more narrowly on ownership and specific events, stating Laguarta owned 310,757 PEP shares as of Oct. 21, 2022, valued at $52,980,961 based on a $170.49 price. GuruFocus also notes a share sale of 5,900 PEP shares on Oct. 21, 2022 for about $1 million. Quiver records the same 5,900-share sale, also pegged to roughly $1.0M on the same transaction date.
| Source | Last updated / dated | Net worth or ownership figure | What it emphasizes |
|---|---|---|---|
| Quiver Quantitative | Oct. 29, 2025 | Net worth at least $65.6M; 441,715 PEP shares worth ~$64.6M | Insider ownership + market value, transaction log |
| Benzinga | Aug. 8, 2025 (recalculated) | Estimated net worth $125M | Broader model incl. PEP and Visa references |
| GuruFocus | Feb. 8, 2026 | 310,757 PEP shares valued $52,980,961 (price $170.49) as of Oct. 21, 2022 | Snapshot of shares owned + notable trade notes |
Takeaway: the same executive can look “worth” very different amounts depending on whether the model is conservative (floor based on public equity) or expansive (adds assumptions beyond equity filings).
Background/Context: What We Can Verify vs. What’s Modeled
For public-company executives, the most verifiable pieces of wealth are typically (1) reported stock ownership and (2) reported transactions. In the U.S., many of those transactions appear as SEC Form 4 filings, which can be searched using an executive’s CIK (Central Index Key) and matched to specific events such as open-market sales, option exercises, or tax-withholding transactions.
That’s why the Oct. 21, 2022 sale of 5,900 PEP shares shows up consistently across multiple trackers: it’s an event that is generally derived from Form 4 reporting and then normalized by data providers. Ownership totals, however, can diverge depending on whether a site counts only directly held shares, includes indirectly held shares, or tries to incorporate additional categories (such as certain vested awards or holdings through entities) that may be presented differently across filings and summary pages.
Separately, “net worth” is not a line item on PepsiCo’s proxy statement. The proxy (DEF 14A) is primarily where investors find total compensation, grant-date equity awards, and executive pay structures. That matters because equity-based pay is often a large component of CEO economics, but it does not always translate cleanly into a single, current-dollar wealth number on any given day.
Takeaway: SEC filings are strongest for confirming transactions and ownership categories, while net-worth totals are inherently a modeled estimate.
Public Holdings — PepsiCo (PEP) Shares and Current Value
The largest, most visible component in most third-party estimates is Laguarta’s PepsiCo stake. Depending on the tracker, reported shares owned range from 310,757 PEP shares (GuruFocus ownership snapshot as of Oct. 21, 2022) to 441,715 shares (Quiver Quantitative, updated Oct. 29, 2025). The implied market value varies accordingly and depends on the share price used.
| Data provider | PEP shares owned | Valuation reference | Reported current value |
|---|---|---|---|
| GuruFocus | 310,757 | As of Oct. 21, 2022; price used $170.49 | $52,980,961 |
| Quiver Quantitative | 441,715 | Updated Oct. 29, 2025; valuation estimated by Quiver | ~$64.6M |
- Ownership summary: treat each figure as a snapshot tied to the provider’s extraction rules and update cycle.
- Price sensitivity: even small share-price moves can shift estimates by millions given six-figure share counts.
- Insider ownership: reported ownership is not the same as beneficial ownership across all entities unless specified by the data source.
Takeaway: the PEP position is sizable and measurable, but “current value” can differ materially depending on share count definitions and pricing timestamps.
Insider Trading & SEC Filings (Form 4 Summary)
In this context, “insider trading” refers to legal, disclosed insider transactions reported to the SEC—not illicit activity. Data providers commonly build their “insider transactions” pages by parsing Form 4 filings, then assigning standardized labels for sales, purchases, and other transaction types.
Notable transaction highlighted across sources
- Transaction date: Oct. 21, 2022
- Issuer: PepsiCo Inc (PEP)
- Activity: sale of 5,900 shares
- Approx. proceeds: about $1.0M (GuruFocus; Quiver Quantitative)
Yearly totals reported by Benzinga (dataset summary)
- 2019 purchases: $1,267,889 for 91,651 shares (Benzinga)
- 2024 sales: 64,290 shares for $10,551,596.25 (Benzinga)
Readers comparing data should cross-check Form 4 line items by searching the SEC EDGAR system using Laguarta’s CIK, because providers may categorize option-related transactions differently. PepsiCo insiders frequently covered in similar tracking dashboards include executives such as Hugh F Johnston, David Flavell, Marie T. Gallagher, Ramkumar Krishnan, Kirk Tanner, Eugene Willemsen, and Paula Santilli—names that often appear in broader insider ownership and trading summaries for PEP.
Takeaway: Form 4 is the common source of truth, but the way sites label and aggregate transactions can create apparent differences.
Impact & Implications: What This Means for Investors and Readers
For investors, the immediate implication is not the exact “headline” net-worth number but the direction and composition of ownership. A CEO with substantial equity exposure can be more directly aligned with shareholders, though alignment depends on vesting schedules, performance metrics, and how much of the stake is retained after tax obligations and diversification.
The wide dispersion between $65.6 million and $125 million is also a reminder that executive wealth calculators are not audited financial statements. Quiver’s “at least” language tends to anchor on observable equity value, while Benzinga’s higher estimate may incorporate additional assets, broader holdings assumptions, or different treatment of equity awards and outside investments (including references to Visa Inc (V)). Without a full balance sheet of personal assets and liabilities, any estimated net worth remains partly inferential.
For corporate finance readers, this is where disclosure mechanics matter. The most reliable signals often come from repeated patterns in insider transactions rather than one-off trades. A single share sale—even one around $1 million—may reflect tax planning, scheduled diversification, or routine liquidity management rather than a change in fundamental outlook.
Readers interested in how markets interpret disclosure should also watch broader tech and data-quality trends affecting aggregation platforms. As more investors rely on automated feeds, data hygiene becomes critical—an issue mirrored in adjacent discussions about detecting data issues that distort business decisions and how digital finance tools shape everyday analysis.
- For long-term PEP shareholders: insider ownership levels can inform governance and incentive alignment.
- For personal-finance readers: net-worth headlines are less precise than SEC-reported transaction records.
- For analysts: methodology transparency (share types included, price timestamps, update cadence) is as important as the number.
Takeaway: treat net-worth estimates as a range and prioritize documented SEC disclosures when assessing insider activity.
What’s Next: Updates to Watch in 2026
Investors tracking Ramon Laguarta’s net worth and ownership should watch three scheduled disclosure “moments.” First, any new SEC Form 4 filings will update the public log of insider transactions, including sales, purchases, and equity award-related movements. Second, PepsiCo’s next proxy statement will refresh executive total compensation tables and equity award disclosures, which can influence third-party models. Third, provider dashboards will continue to refresh their ownership calculations, sometimes producing a new “recalculated estimate.”
- Near term: Form 4 activity following equity vesting or scheduled sales plans
- Next proxy cycle: updated compensation disclosures and pay mix
- Ongoing: tracker methodology changes that may shift share counts or valuations
Readers who want to monitor how data platforms evolve can also keep an eye on broader fintech and tooling conversations, including how financial data aggregators influence retail interpretations of corporate disclosures.
Methodology & Caveats — How We Calculated This
This article reports third-party estimates and ownership snapshots exactly as described by the cited providers: GuruFocus (dated Feb. 8, 2026), Benzinga (recalculated Aug. 8, 2025), and Quiver Quantitative (updated Oct. 29, 2025). We did not independently recompute Laguarta’s personal balance sheet. “Current value” and market value figures may reflect the provider’s chosen price point, not necessarily the latest intraday quote.
- Verified-style datapoints: transactions tied to Form 4 reporting (e.g., Oct. 21, 2022 sale of 5,900 PEP shares)
- Modeled datapoints: consolidated net-worth totals and cross-company assumptions (e.g., inclusion of Visa exposure)
- Key limitation: personal assets, liabilities, and private investments are not fully observable in public filings
Takeaway: SEC filing-derived transaction logs are more concrete than net-worth totals, which are best read as directional estimates.
FAQ: Common Questions About Ramon Laguarta’s Wealth
Why do net worth estimates for Ramon Laguarta vary so much?
They vary because providers use different definitions of holdings, different assumptions about equity awards and indirectly held shares, and different pricing timestamps for current value. Some estimates also fold in non-PEP exposure such as Visa (V), while others focus on observable PEP equity.
Is “insider trading” here illegal activity?
No. In this article, “insider trading” refers to legal, disclosed insider transactions reported in SEC Form 4 filings. These filings are required for many trades by officers and directors.
What is the most cited recent transaction?
Both GuruFocus and Quiver Quantitative note a sale of 5,900 PEP shares on the Oct. 21, 2022 transaction date, with proceeds around $1.0M.
Does PepsiCo disclose Laguarta’s net worth directly?
No. PepsiCo disclosures typically cover executive pay details such as salary, incentives, and total compensation, plus equity awards and certain ownership information, but not a consolidated personal net-worth statement.
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