Pilgrim's Pride (PPC) Insider Files Form 4 for 139 Dividend Equivalents

Rhea-AI Filing Summary

Wesley Mendonca Batista, a director and reported 10% owner of Pilgrim's Pride Corporation (PPC), reported a transaction dated 09/03/2025 on Form 4. The filing discloses 139 dividend equivalent units credited on previously granted restricted stock units (RSUs). Each dividend equivalent unit reflects the right to receive one share of PPC common stock subject to the RSU terms, and the report shows 139 shares beneficially owned following the transaction as direct ownership. The Form 4 is signed by the reporting person on 09/09/2025. No cash price or derivative exercises are indicated; the entry is an accrual of dividend equivalents tied to outstanding RSUs.

Positive

• Disclosure compliance: The reporting person filed Form 4 documenting the transaction and signed the filing on 09/09/2025
• Compensation clarity: The entry specifically explains these are dividend equivalent units tied to RSUs, clarifying the nature of the issuance

Negative

• None.

Insights

Financial Analyst

TL;DR: A small, routine accrual of 139 dividend-equivalent units to an insider; immaterial to company capitalization.

The Form 4 records dividend equivalents from RSUs rather than open-market purchases or option exercises, resulting in 139 additional shares credited to the reporting person. This is a non-cash, compensation-related issuance reflecting standard equity compensation mechanics. The size is small relative to a public issuer and does not indicate a change in insider intent or a material shift in ownership.

Corporate Governance Expert

TL;DR: Routine disclosure of RSU dividend equivalents by a director and 10% owner; disclosure meets Section 16 reporting requirements.

The filing documents compliance with Section 16 timing by reporting the 09/03/2025 transaction and the signature on 09/09/2025. The entry is categorized as dividend equivalents tied to RSUs and shown as direct beneficial ownership of 139 shares. There is no indication of a transaction type that would raise governance or trading-concern flags.

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

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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^*

Batista Wesley Mendonca

(Last) (First) (Middle)

1770 PROMONTORY CIRCLE

(Street)

GREELEY CO 80634

(City) (State) (Zip)

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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Units	(1)	09/03/2025		M		139		(1)	(1)	Common Stock, par value $0.01 per share	139	$0	139	D

Explanation of Responses:

1. Reflects dividend equivalent units accrued on RSUs granted to the Reporting Person. Each dividend equivalent reflects the right to receive one share of PPC common stock, subject to the terms and conditions (including vesting and settlement terms) applicable to the corresponding RSUs.

Remarks:

	/s/ Wesley Mendonca Batista	09/09/2025
	** 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.

FAQ

Who filed the Form 4 for PPC?

The Form 4 was filed by Wesley Mendonca Batista, who is reported as a director and a 10% owner.

What transaction is reported on the PPC Form 4 dated 09/03/2025?

The filing reports the accrual of 139 dividend equivalent units related to previously granted RSUs, each reflecting the right to one share of PPC common stock.

How many shares does the reporting person beneficially own after the transaction?

The Form 4 shows 139 shares beneficially owned following the reported transaction, reported as direct ownership.

Was cash paid or an option exercised in this transaction?

No cash price or option exercise is indicated; the entry reflects dividend equivalents credited on RSUs.

When was the Form 4 signed?

The Form 4 bears the reporting person's signature dated 09/09/2025.