Form 4: Andre Nogueira de Souza Reports Acquisition of Dividend Equivalent Units in Pilgrim's Pride Corp
SEC Form 4 Filing
Director Andre Nogueira de Souza reports the acquisition of 219 dividend equivalent units in Pilgrim's Pride Corp on April 17, 2025.
Summary
- Andre Nogueira de Souza, a director of Pilgrim's Pride Corp (PPC), filed a Form 4 with the SEC.
- The report details the acquisition of 219 dividend equivalent units on April 17, 2025.
- These units are linked to previously granted Restricted Stock Units (RSUs) and represent the right to receive one share of PPC common stock per unit, subject to vesting and settlement terms.
- Following the transaction, Souza directly owns 219 dividend equivalent units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to director compensation, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: Acquisition of 219 dividend equivalent units. |
| 04/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Pilgrim's Pride Corp, Dividend Equivalent Units, Andre Nogueira de Souza, Director, PPC, SEC Filing, RSUs
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