Director Farha Aslam of Pilgrim's Pride (PPC) receives 1,927 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aslam Farha reported acquisition or exercise transactions in this Form 4 filing.
Pilgrim's Pride Corp director Farha Aslam received a grant of 1,927 shares of common stock in the form of restricted stock units. The award was made at no cash cost per share and raises her directly held position to 17,149 shares. These restricted stock units vest upon her departure from the company’s Board of Directors, with each unit representing a contingent right to receive one share of PPC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aslam Farha
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)
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Key Figures
RSUs granted: 1,927 units
Price per share: $0.00 per share
Shares after transaction: 17,149 shares
3 metrics
RSUs granted
1,927 units
Restricted stock units awarded on April 29, 2026
Price per share
$0.00 per share
Transaction price for the RSU grant
Shares after transaction
17,149 shares
Total Pilgrim's Pride common shares held directly after grant
Key Terms
restricted stock units, contingent right, grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents restricted stock units vesting upon the director's departure"
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"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did PPC director Farha Aslam report on this Form 4?
Farha Aslam reported receiving 1,927 restricted stock units of Pilgrim's Pride Corp common stock as a grant. The award was recorded at a price of $0.00 per share, reflecting compensation rather than an open-market purchase, and increases her equity stake.
When do the newly granted PPC restricted stock units to Farha Aslam vest?
The 1,927 restricted stock units granted to Farha Aslam vest upon her departure from Pilgrim's Pride’s Board of Directors. Vesting at board departure means the units convert into common shares only when her Board service ends, aligning the award with director tenure.
What does each restricted stock unit granted to Farha Aslam represent?
Each restricted stock unit granted to Farha Aslam represents a contingent right to receive one share of Pilgrim's Pride common stock. The units convert into actual shares when vesting conditions are met, in this case upon her departure from the Board of Directors.
Was Farha Aslam’s PPC award an open-market purchase or a compensation grant?
The transaction was a compensation-related grant, not an open-market purchase. It is coded as a grant or award acquisition, with 1,927 restricted stock units issued at a transaction price of $0.00 per share, reflecting equity compensation for her role as a director.