STOCK TITAN

Pilgrim's Pride (PPC) director receives 1,927 restricted stock units as equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Celis Arquimedes reported acquisition or exercise transactions in this Form 4 filing.

Pilgrim's Pride Corp director Arquimedes Celis received an equity award of 1,927 shares of common stock on April 29, 2026. The award is in the form of restricted stock units that vest when he leaves the Board, bringing his direct holdings to 17,149 shares.

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Insider Celis Arquimedes
Role null
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 per share 1,927 $0.00 --
Holdings After Transaction: Common Stock, par value $0.01 per share — 17,149 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 1,927 shares Restricted stock units granted April 29, 2026
Grant price $0.00 per share Reported transaction price for RSU award
Total holdings after grant 17,149 shares Common stock directly held following transaction
Vesting condition Upon board departure RSUs vest when director leaves Board of Directors
restricted stock units financial
"Represents restricted stock units vesting upon the director's departure from the Company's Board of Directors."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PPC common stock."
Board of Directors financial
"Represents restricted stock units vesting upon the director's departure from the Company's Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Celis Arquimedes

(Last)(First)(Middle)
1770 PROMONTORY CIRCLE

(Street)
GREELEY COLORADO 80634

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PILGRIMS PRIDE CORP [ PPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.01 per share04/29/2026A1,927(1)A$017,149D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units vesting 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.
Remarks:
/s/ Arquimedes Celis05/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Pilgrim's Pride (PPC) director Arquimedes Celis report?

Arquimedes Celis reported receiving an award of 1,927 shares of Pilgrim's Pride common stock. The shares were granted at no cash cost as restricted stock units, reflecting equity-based director compensation rather than an open-market purchase of PPC stock.

How many Pilgrim's Pride (PPC) shares does Arquimedes Celis hold after this Form 4?

After the reported award, Arquimedes Celis directly holds 17,149 shares of Pilgrim's Pride common stock. This total includes the 1,927 restricted stock units granted on April 29, 2026, which each represent a right to receive one PPC share upon vesting.

What type of equity award did Pilgrim's Pride (PPC) grant to director Arquimedes Celis?

Pilgrim's Pride granted Arquimedes Celis restricted stock units covering 1,927 shares of common stock. Each unit represents a contingent right to receive one PPC share, providing stock-based compensation aligned with his service as a member of the Board of Directors.

When do the restricted stock units granted to Arquimedes Celis at Pilgrim's Pride (PPC) vest?

The restricted stock units granted to Arquimedes Celis vest when he departs from Pilgrim's Pride’s Board of Directors. Vesting upon board departure ties the value of the 1,927 units to the duration of his board service rather than a fixed calendar schedule.

Did Arquimedes Celis pay cash for the Pilgrim's Pride (PPC) shares reported in this Form 4?

No, Arquimedes Celis did not pay cash for these shares. The 1,927 Pilgrim's Pride shares were granted at a reported price of $0.00 per share as restricted stock units, reflecting a compensation award instead of an open-market purchase transaction.