Pilgrim’s Pride director granted 1,927 PPC RSUs
Andre Nogueira de Souza reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 1,927 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
FAQ
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What did Andre Nogueira de Souza report in this PPC Form 4 filing?
Is the PPC Form 4 transaction an open-market buy or a stock grant?
When do Andre Nogueira de Souza’s restricted stock units in PPC vest?
What does each restricted stock unit in this PPC Form 4 represent?
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