Form 4: Pilgrim's Pride Director Batista Acquires Restricted Stock Units
SEC Form 4 Filing
Joesley Mendonca Batista, a director and 10% owner of Pilgrim's Pride Corp, acquired 1,100 restricted stock units on April 30, 2025, which vest upon departure from the board.
Summary
- On April 30, 2025, Joesley Mendonca Batista, a director and 10% owner of Pilgrim's Pride Corp, acquired 1,100 restricted stock units.
- These restricted stock units vest upon the director's departure from the Company's Board of Directors.
- Each restricted stock unit represents a contingent right to receive one share of PPC common stock.
- Following the transaction, Batista directly owns 2,796 shares of Pilgrim's Pride Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company insider; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Joesley Mendonca Batista acquired 1,100 restricted stock units. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Pilgrim's Pride Corp, Director, Form 4, Restricted Stock Units, Beneficial Ownership, PPC, Batista, Insider Trading
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