Form 4: Pilgrim's Pride Director Reports Acquisition of Dividend Equivalent Units
SEC Form 4 Filing
Wallim Vasconcellos, a director of Pilgrim's Pride Corp, reported the acquisition of 2,178 dividend equivalent units on April 17, 2025, convertible to common stock.
Summary
- On April 17, 2025, Wallim Vasconcellos, a director at Pilgrim's Pride Corp, acquired 2,178 dividend equivalent units.
- These units are linked to previously granted Restricted Stock Units (RSUs).
- Each dividend equivalent unit represents the right to receive one share of Pilgrim's Pride common stock.
- The acquisition was reported on a Form 4 filing with the SEC on April 22, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to director compensation, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of dividend equivalent units by a director has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: Acquisition of dividend equivalent units. |
| 04/22/2025 | Date of Form 4 filing. |
Keywords
Form 4, Pilgrim's Pride Corp, Dividend Equivalent Units, Director, Beneficial Ownership, PPC, Vasconcellos
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