Form 4: Pilgrim's Pride CEO Fabio Sandri Acquires 18,308 Shares of Common Stock

Pilgrim's Pride CEO Fabio Sandri acquired 18,308 shares of common stock at a price of $54.62 per share on March 7, 2025, as a discretionary award.

Summary

• On March 7, 2025, Fabio Sandri, President and CEO of Pilgrim's Pride Corp, acquired 18,308 shares of common stock.
• The acquisition was a stock award received as a discretionary award approved by the Pilgrim's Compensation Committee.
• The price per share was $54.62.
• Following the transaction, Sandri directly owns 297,873 shares of Pilgrim's Pride Corp.
• The shares are fully vested on the grant date.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The CEO receiving a stock award is generally a good sign, indicating confidence in the company. However, it's a routine transaction.

Positives

• The CEO's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Executive stock awards are a common practice in publicly traded companies as a form of compensation and incentive alignment with shareholder interests.

Stakeholder Impact

• The CEO's increased stake in the company could align his interests more closely with those of shareholders.

Key Dates

Keywords

Pilgrim's Pride, Fabio Sandri, stock award, common stock, SEC Form 4, beneficial ownership, executive compensation