STOCK TITAN

Pilgrims Pride (PPC) director awarded 1,927 restricted stock units

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

Rhea-AI Filing Summary

Tomazoni Gilberto reported acquisition or exercise transactions in this Form 4 filing.

PILGRIMS PRIDE CORP director Gilberto Tomazoni received a stock-based award from the company. On April 29, 2026, he was granted 1,927 restricted stock units of common stock at a price of $0.00 per share.

The restricted stock units vest when he departs from the company’s Board of Directors, and each unit represents a contingent right to receive one share of PPC common stock. Following this award, he directly holds 4,723 shares according to the filing.

Positive

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Negative

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Insider Tomazoni Gilberto
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 — 4,723 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 1,927 units Restricted stock units granted on April 29, 2026
Grant price $0.00 per share Price per share for the RSU award
Shares held after grant 4,723 shares Total direct holdings following the reported transaction
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"
Board of Directors financial
"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*
Tomazoni Gilberto

(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$04,723D
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/ Gilberto Tomazoni05/05/2026
** 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 Gilberto Tomazoni report at Pilgrims Pride (PPC)?

Gilberto Tomazoni reported receiving 1,927 restricted stock units of Pilgrims Pride common stock. The grant was recorded at $0.00 per share and represents a stock-based compensation award tied to his service on the company’s Board of Directors.

When do Gilberto Tomazoni’s restricted stock units in Pilgrims Pride (PPC) vest?

The restricted stock units vest when Gilberto Tomazoni departs from Pilgrims Pride’s Board of Directors. This means he receives the underlying common shares only upon leaving the board, aligning the award with his continued board service and tenure.

How many Pilgrims Pride (PPC) shares does Gilberto Tomazoni hold after this Form 4 transaction?

After this transaction, Gilberto Tomazoni directly holds 4,723 shares according to the Form 4. This total reflects his position after receiving 1,927 restricted stock units linked to Pilgrims Pride common stock in the reported stock-based compensation award.

What does each restricted stock unit in Pilgrims Pride (PPC) represent for Gilberto Tomazoni?

Each restricted stock unit represents a contingent right to receive one share of Pilgrims Pride common stock. Tomazoni’s 1,927 units thus correspond to 1,927 potential shares, which he will receive only when the vesting condition—departure from the Board—is met.

Was Gilberto Tomazoni’s Pilgrims Pride (PPC) stock award a market purchase or compensation grant?

The award was a compensation grant, not a market purchase. The Form 4 lists transaction code “A” for a grant or award, and the price is shown as $0.00 per share, indicating stock-based compensation rather than an open-market transaction.