STOCK TITAN

Pilgrim’s Pride (NASDAQ: PPC) investors approve board, pay, auditor at 2026 meeting

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Pilgrim’s Pride Corporation reported the results of its annual stockholder meeting held on April 29, 2026. Stockholders elected eight JBS Directors and two Equity Directors to the board. They also approved, on an advisory basis, the executive compensation program in the Say on Pay vote.

Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 27, 2026. Two stockholder proposals, one requesting a report on internal diversity and inclusion policies and practices and another requesting a political spending disclosure, were both voted down.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Say on Pay for votes 227,280,964 votes Stockholder advisory vote on executive compensation
KPMG ratification for votes 231,705,153 votes Ratification of independent registered public accounting firm for FY ending Dec. 27, 2026
Diversity report proposal for votes 2,245,060 votes Stockholder proposal on diversity and inclusion report
Diversity report proposal against votes 225,948,275 votes Stockholder proposal on diversity and inclusion report
Political spending proposal for votes 14,482,172 votes Stockholder proposal on political spending disclosure
Political spending proposal against votes 213,727,686 votes Stockholder proposal on political spending disclosure
Raul Padilla for votes 227,825,028 votes Election of JBS Director to the board
Arquimedes A. Celis for votes 224,067,393 votes Election of Equity Director to the board
Say on Pay financial
"A stockholder advisory vote on executive compensation (“Say on Pay”)."
Say on pay is a shareholder vote—typically nonbinding—on a company’s executive compensation package, allowing investors to approve or reject how top managers are paid. Think of it as a public performance review: widespread disapproval can signal poor governance, prompt changes to pay practices, attract activist investors, and influence investor confidence and share value. It matters because it gives owners a direct way to influence compensation that affects company incentives and long-term performance.
broker non-votes financial
"For | Against | Abstain | Broker Non-Votes 227,280,964 | 1,012,847 | 23,854 | 3,524,646"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"KPMG LLP as the independent registered public accounting firm of the Company"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
stockholder advisory vote financial
"A stockholder advisory vote on executive compensation (“Say on Pay”)."
stockholder proposal financial
"A stockholder proposal to provide a political spending disclosure."
PILGRIMS PRIDE CORP0000802481false00008024812026-04-292026-04-29

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 29, 2026
PILGRIM'S PRIDE CORPORATION
(Exact Name of registrant as specified in its charter)
Delaware1-927375-1285071
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)(IRS Employer Identification No.)
1770 Promontory Circle80634-9038
GreeleyCO(Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (970) 506-8000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of Exchange on Which Registered
Common Stock, Par Value $0.01PPCThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 





Item 5.07 Submission of Matters to a Vote of Security Holders.
On April 29, 2026, the Company held its annual meeting of stockholders (the “Annual Meeting”). The following proposals were submitted to a vote of the stockholders of the Company at the Annual Meeting:
1.The election of eight JBS Directors to the board of directors (the “Board”).
2.The election of two Equity Directors to the Board.
3.A stockholder advisory vote on executive compensation (“Say on Pay”).
4.The ratification of the appointment of KPMG LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 27, 2026.
5.A stockholder proposal to provide a report regarding internal diversity and inclusion policies and practices.
6.A stockholder proposal to provide a political spending disclosure.
Proposal 1: Election of JBS Directors to the Board
The stockholders of the Company elected all of the Company’s eight nominees for JBS Director at the Annual Meeting pursuant to the following votes:
NameForWithheldBroker Non-Votes
Gilberto Tomazoni204,922,96523,394,7003,524,646
Wesley Mendonça Batista202,350,72925,966,9363,524,646
Joesley Mendonça Batista210,074,80818,242,8573,524,646
Andre Nogueira de Souza207,904,87320,412,7923,524,646
Farha Aslam224,144,2424,173,4233,524,646
Raul Padilla227,825,028492,6373,524,646
Joanita Karoleski215,907,48412,410,1813,524,646
Wesley Mendonça Batista Filho215,795,86312,521,8023,524,646
Proposal 2: Election of Equity Directors to the Board
The stockholders of the Company elected all of the Company’s two nominees for Equity Director at the Annual Meeting pursuant to the following votes:
NameForWithheldBroker Non-Votes
Wallim Cruz de Vasconcellos Junior217,866,69210,450,9733,524,646
Arquimedes A. Celis224,067,3934,250,2723,524,646
Proposal 3: Say on Pay
The stockholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement for the Annual Meeting, including the compensation discussion and analysis, compensation tables and narrative discussion.
ForAgainstAbstainBroker Non-Votes
227,280,9641,012,84723,8543,524,646
Proposal 4: Ratification of KPMG LLP as the Company’s Independent Registered Public Accounting Firm
The appointment of KPMG LLP to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 27, 2026 was ratified at the Annual Meeting. The votes were cast as follows:
ForAgainstAbstain
231,705,153109,14928,009



Proposal 5: Proposal to provide a report regarding internal diversity and inclusion policies and practices.
The stockholders voted against the proposal to provide a report regarding internal diversity and inclusion policies and practices. The votes were cast as follows:
ForAgainstAbstainBroker Non-Votes
2,245,060225,948,275124,3303,524,646

Proposal 6: Proposal to provide a political spending disclosure.
The stockholders voted against the proposal to provide a political spending disclosure at the Annual Meeting pursuant to the following votes:
ForAgainstAbstainBroker Non-Votes
14,482,172213,727,686107,8073,524,646




SIGNATURES  
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 PILGRIM’S PRIDE CORPORATION
 
Date: May 1, 2026/s/ Matthew Galvanoni
 Matthew Galvanoni
 
Chief Financial Officer and Chief Accounting Officer

FAQ

What did Pilgrim’s Pride (PPC) stockholders decide about board elections?

Stockholders elected all eight JBS Directors and both Equity Directors to the board. Candidates such as Raul Padilla and Arquimedes A. Celis received strong support, with over 217 million votes each in favor and broker non-votes recorded separately.

How did Pilgrim’s Pride (PPC) stockholders vote on Say on Pay?

Stockholders approved Pilgrim’s Pride’s executive compensation on an advisory basis. The Say on Pay proposal received 227,280,964 votes for, 1,012,847 against, and 23,854 abstentions, with 3,524,646 broker non-votes reported separately from the advisory result.

Was KPMG LLP ratified as Pilgrim’s Pride (PPC) auditor?

Yes. Stockholders ratified KPMG LLP as Pilgrim’s Pride’s independent registered public accounting firm for the fiscal year ending December 27, 2026, with 231,705,153 votes for, 109,149 against, and 28,009 abstentions in the auditor ratification vote.

What happened to Pilgrim’s Pride (PPC) diversity and inclusion report proposal?

Stockholders voted against the proposal requesting a report on internal diversity and inclusion policies and practices. The measure received 2,245,060 votes for and 225,948,275 votes against, with 124,330 abstentions and 3,524,646 broker non-votes recorded in the results.

How did Pilgrim’s Pride (PPC) stockholders vote on political spending disclosure?

Stockholders rejected the proposal for a political spending disclosure report. The item received 14,482,172 votes for, 213,727,686 votes against, and 107,807 abstentions, along with 3,524,646 broker non-votes reported separately from the main voting totals.

Which Pilgrim’s Pride (PPC) director nominees received the highest support?

Among JBS Directors, Raul Padilla received 227,825,028 votes for and 492,637 withheld. Among Equity Directors, Arquimedes A. Celis received 224,067,393 votes for and 4,250,272 withheld, both with 3,524,646 broker non-votes noted in the tabulations.

Filing Exhibits & Attachments

3 documents