How is the 1,927-share PPC award classified in the Form 4 filing?

The 1,927-share award is classified with transaction code A, meaning a grant, award, or other acquisition. It is a non-derivative equity compensation grant of common stock, not a derivative exercise, sale, or open-market transaction.

Pilgrim's Pride (PPC) awards 1,927 RSUs to board member

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Padilla Raul reported acquisition or exercise transactions in this Form 4 filing.

Pilgrim's Pride Corp director Raul Padilla reported an equity award of 1,927 restricted stock units of common stock. The grant was recorded on April 29, 2026 and is structured as compensation rather than an open-market purchase, with a price per unit of $0.00.

The restricted stock units vest upon his departure from the Board of Directors, meaning he will receive the underlying shares when his board service ends. Each unit represents a contingent right to receive one share of Pilgrim's Pride common stock, bringing his direct holdings to 9,758 shares after the award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Padilla Raul

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 — 9,758 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

RSUs granted: 1,927 units Price per share: $0.00 per share Shares held after award: 9,758 shares

3 metrics

RSUs granted 1,927 units Restricted stock units granted on April 29, 2026

Price per share $0.00 per share Stated transaction price for the RSU award

Shares held after award 9,758 shares Total common shares directly held following the transaction

Key Terms

restricted stock units, contingent right, transaction code A, non-derivative

4 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"

transaction code A regulatory

"transaction_code": "A""

non-derivative financial

""transaction_type": "non-derivative""

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 08:29 PM

SEC Form 4

FORM 4

UNITED 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^*

Padilla Raul

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01 per share	04/29/2026		A		1,927⁽¹⁾	A	$0	9,758	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ Raul Padilla	05/05/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Raul Padilla report in his latest Form 4 for PPC?

Raul Padilla reported receiving 1,927 restricted stock units of Pilgrim's Pride common stock as a director compensation award. The grant is not an open-market purchase and carries a stated price of $0.00 per share.

How many Pilgrim's Pride (PPC) shares does Raul Padilla hold after this award?

After the reported award, Raul Padilla directly holds 9,758 shares of Pilgrim's Pride common stock. This total includes the impact of the 1,927 restricted stock units granted on April 29, 2026, as disclosed in the Form 4 filing.

Are the 1,927 PPC restricted stock units an open-market purchase?

No, the 1,927 units are a compensation grant, not an open-market purchase. The Form 4 lists transaction code A for grant or award, with a transaction price of $0.00 per share, indicating no cash outlay by the director.

When do Raul Padilla’s PPC restricted stock units vest?

The restricted stock units vest upon Raul Padilla’s departure from Pilgrim's Pride’s Board of Directors. At that time, each unit converts into one share of common stock, reflecting a standard director compensation structure tied to board service.

What does each PPC restricted stock unit granted to Raul Padilla represent?

Each restricted stock unit granted to Raul Padilla represents a contingent right to receive one share of Pilgrim's Pride common stock. The units convert into shares when vesting conditions are met, which in this case is his departure from the Board.