Pilgrim's Pride (PPC) director awarded 1,927 restricted stock units, holding 10,493 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maestri Karoleski Joanita Maria reported acquisition or exercise transactions in this Form 4 filing.
Pilgrim's Pride director Joanita Maria Maestri Karoleski received a grant of 1,927 shares of common stock in the form of restricted stock units. These units carry no purchase price and will vest when she departs from the company’s Board of Directors. After this award, she directly holds 10,493 shares of Pilgrim's Pride common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maestri Karoleski Joanita Maria
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 — 10,493 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1,927 shares
Shares held after transaction: 10,493 shares
Transaction price per share: $0.0000
3 metrics
Restricted stock units granted
1,927 shares
Equity award on April 29, 2026
Shares held after transaction
10,493 shares
Director’s direct holdings after award
Transaction price per share
$0.0000
Grant price for restricted stock units
Key Terms
restricted stock units, contingent right, Board of Directors
3 terms
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
"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.
FAQ
What insider transaction did Pilgrim's Pride (PPC) report for Joanita Maria Maestri Karoleski?
Pilgrim's Pride reported that director Joanita Maria Maestri Karoleski received 1,927 restricted stock units. The award was recorded at a zero dollar price per share and increases her direct holdings to 10,493 common shares after the transaction.
What are the vesting conditions for the Pilgrim's Pride (PPC) restricted stock units granted?
The 1,927 restricted stock units vest when the director leaves Pilgrim's Pride’s Board of Directors. Each unit represents a contingent right to receive one share of PPC common stock once the vesting condition tied to board departure is met.