JBS (JBS) awards 112,098 restricted stock units to Global CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cavalcanti Guilherme Perboyre reported acquisition or exercise transactions in this Form 4 filing.
JBS N.V. granted Global CFO and Investor Relations Officer Guilherme Perboyre Cavalcanti 112,098 restricted stock units (RSUs) on June 9, 2026. Each RSU represents the right to receive one Class A common share or one Brazilian Depositary Receipt, with each BDR representing one Class A share.
The RSUs will vest in three equal annual installments on March 1, 2027, March 1, 2028, and March 1, 2029, subject to his continued employment. Following this award, he holds 112,098 RSUs directly, reflecting a compensation grant rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cavalcanti Guilherme Perboyre
Role
Global CFO and IRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 112,098 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 112,098 shares (Direct, null)
Footnotes (1)
- Class A common shares, par value (euro)0.01 per share, of the issuer ("Class A Common Shares"), which may be held in the form of Brazilian Depositary Receipts ("BDRs"). Each BDR represents one Class A Common Share. Each restricted stock unit ("RSU") represents the contingent right to receive one Class A Common Share or one BDR. Represents RSUs granted on June 9, 2026, which will vest pro rata on each of March 1, 2027, March 1, 2028 and March 1, 2029, subject to continued employment with the issuer.
Key Figures
RSUs granted: 112,098 RSUs
RSUs held after grant: 112,098 RSUs
RSU price per unit: $0.00 per unit
+2 more
5 metrics
RSUs granted
112,098 RSUs
Equity award to Global CFO on June 9, 2026
RSUs held after grant
112,098 RSUs
Total RSUs directly held following transaction
RSU price per unit
$0.00 per unit
Grant price, reflecting compensation award not purchase
Vesting dates
March 1, 2027; March 1, 2028; March 1, 2029
Pro rata vesting schedule subject to continued employment
Underlying shares per RSU
1 share or 1 BDR per RSU
Each RSU converts into one Class A share or one BDR
Key Terms
Restricted Stock Units, Brazilian Depositary Receipts, Class A Common Shares, vesting, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents the contingent right to receive one Class A Common Share or one BDR."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Brazilian Depositary Receipts financial
"Class A common shares ... may be held in the form of Brazilian Depositary Receipts ("BDRs"). Each BDR represents one Class A Common Share."
Brazilian Depositary Receipts (BDRs) are certificates traded on Brazilian exchanges that represent ownership of shares in foreign companies, allowing local investors to buy and sell exposure to those overseas stocks without opening foreign brokerage accounts. They matter because they let investors diversify across global companies using local currency and trading hours, similar to buying a locally issued voucher for a foreign product, while still exposing portfolios to the performance and risks of the underlying foreign shares.
vesting financial
"Represents RSUs granted on June 9, 2026, which will vest pro rata on each of March 1, 2027, March 1, 2028 and March 1, 2029."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"Transaction code A is described as "Grant, award, or other acquisition" for this RSU award."
FAQ
What did JBS (JBS) report in this Form 4 filing?
JBS reported a grant of 112,098 restricted stock units to its Global CFO and Investor Relations Officer. These RSUs are equity-based compensation and do not involve any open-market share purchases or sales by the executive.
How many RSUs did the JBS Global CFO receive in this grant?
The Global CFO received 112,098 restricted stock units. Each unit gives a contingent right to one Class A common share or one Brazilian Depositary Receipt, so the grant represents potential future delivery of 112,098 equity instruments if vesting conditions are met.
What is the vesting schedule for the 112,098 JBS RSUs?
The RSUs granted on June 9, 2026 vest pro rata in three tranches. They are scheduled to vest on March 1, 2027, March 1, 2028 and March 1, 2029, with each installment subject to the executive’s continued employment with JBS.
What does each JBS RSU and BDR represent in this award?
Each restricted stock unit represents the contingent right to receive one Class A common share or one Brazilian Depositary Receipt. Each BDR in turn represents one Class A common share, so the economic exposure per RSU equals one underlying JBS Class A share.
Is the JBS CFO’s RSU grant an open-market purchase or sale?
No, this transaction is a grant of equity compensation, coded as an acquisition under transaction code A. The executive did not buy or sell shares in the market; instead, he received RSUs directly from the company at no cash cost per unit.