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Director Andre Nogueira de Souza granted 1,927 PPC RSUs in equity award

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

Rhea-AI Filing Summary

Andre Nogueira de Souza reported acquisition or exercise transactions in this Form 4 filing.

Pilgrim's Pride director Andre Nogueira de Souza received an equity award in the form of 1,927 restricted stock units of common stock. The grant was recorded at a price of $0.00 per share as a compensation award, not an open-market purchase.

After this grant, he holds 4,723 shares of Pilgrim's Pride common stock directly. The restricted stock units will vest when he departs from the company’s Board of Directors, and each unit represents the right to receive one share of PPC common stock at that time.

Positive

  • None.

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Insider Andre Nogueira de Souza
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 awarded on 2026-04-29
Grant price $0.00 per share Recorded value for the equity award
Shares after transaction 4,723 shares Direct holdings following the RSU grant
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."
Common Stock, par value $0.01 per share financial
"Common Stock, par value $0.01 per share"
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*
Andre Nogueira de Souza

(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/ Andre Nogueira de Souza05/05/2026
** 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 did Andre Nogueira de Souza report in this PPC Form 4 filing?

Andre Nogueira de Souza reported an equity compensation award of 1,927 restricted stock units of Pilgrim’s Pride common stock. These units were granted at $0.00 per share and increase his direct holdings to 4,723 shares after the transaction.

Is the PPC Form 4 transaction an open-market buy or a stock grant?

The PPC Form 4 reflects a stock grant, not an open-market purchase. Andre Nogueira de Souza received 1,927 restricted stock units as a compensation award, recorded at $0.00 per share, rather than buying shares on the market.

When do Andre Nogueira de Souza’s restricted stock units in PPC vest?

The restricted stock units vest upon Andre Nogueira de Souza’s departure from Pilgrim’s Pride’s Board of Directors. At vesting, each restricted stock unit converts into one share of PPC common stock, delivering actual shares at the time of board departure.

How many Pilgrim’s Pride shares does Andre Nogueira de Souza hold after this Form 4?

After the reported grant, Andre Nogueira de Souza directly holds 4,723 shares of Pilgrim’s Pride common stock. This total includes the impact of the 1,927 restricted stock units that were awarded to him in the non-cash equity compensation transaction.

What does each restricted stock unit in this PPC Form 4 represent?

Each restricted stock unit represents a contingent right to receive one share of Pilgrim’s Pride common stock. The units vest when Andre Nogueira de Souza leaves the Board, at which point they convert into actual PPC shares, according to the footnote disclosure.