Form 4: Pilgrim's Pride Director Batista Acquires Restricted Stock Units
SEC Form 4 Filing
Wesley Mendonca Batista, a director at Pilgrim's Pride, acquired 1,100 restricted stock units on April 30, 2025, which vest upon his departure from the company's Board of Directors.
Summary
- On April 30, 2025, Wesley Mendonca Batista, a director at 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 common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating standard insider activity. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's holdings.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Wesley Mendonca Batista acquired 1,100 restricted stock units. |
| 05/05/2025 | Date of signature for the Form 4 filing. |
Keywords
Pilgrim's Pride, Director, Stock Units, Beneficial Ownership, Form 4, PPC, Batista, Restricted Stock
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