PPC Form 4: Director Gilberto Tomazoni Records 139 Dividend-Equivalent Units

Rhea-AI Filing Summary

Tomazoni (Director) reported acquisition of 139 dividend equivalent units tied to restricted stock units of Pilgrim's Pride Corporation (PPC). The Form 4 shows a transaction dated 09/03/2025 and a filing signature dated 09/09/2025. The entry is reported as a derivative-related accrual where each dividend equivalent unit reflects the right to receive one share of PPC common stock subject to the RSU vesting and settlement terms; the report lists 139 underlying shares and $0 price for the units. The filing indicates direct beneficial ownership of 139 shares following the reported transaction and includes the reporting person’s address and director status.

Insights

Financial Analyst

TL;DR: Small, routine accrual of dividend-equivalent RSU units; no material change to ownership.

The Form 4 documents an accrual of 139 dividend-equivalent units tied to RSUs for Director Gilberto Tomazoni dated 09/03/2025, reported on 09/09/2025. Each unit represents the right to one share upon settlement under the RSU terms. The reported amount and $0 price indicate these are dividend-equivalent accruals rather than open-market purchases or sales. For investors, this is a routine insider compensation-related reporting event and does not materially alter the ownership structure or outstanding share count.

Corporate Governance Expert

TL;DR: Routine disclosure of director compensation mechanics; governance processes functioning as expected.

The filing shows the director received dividend-equivalent units on outstanding RSUs, with 139 underlying shares recorded as directly beneficially owned following the accrual. The explanation clarifies these units mirror dividends and are subject to RSU vesting and settlement rules. This Form 4 is a standard Section 16 disclosure confirming alignment of director compensation with shareholder interests and adherence to reporting obligations. There is no indication of accelerated vesting, related-party transactions, or other governance concerns in the provided text.

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^*

Tomazoni Gilberto

(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		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/ Gilberto Tomazoni	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

What did Pilgrim's Pride insider Gilberto Tomazoni report on Form 4 (PPC)?

The Form 4 reports an accrual of 139 dividend equivalent units related to RSUs, representing the right to receive 139 shares subject to RSU terms.

When was the reported transaction for PPC's Form 4 executed and filed?

The transaction date is 09/03/2025 and the Form 4 was signed and filed on 09/09/2025.

Does the Form 4 show any open-market purchases or sales by the insider?

No. The entry reflects dividend equivalent units on RSUs with a listed price of $0, not an open-market trade.

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

The filing indicates beneficial ownership of 139 shares following the reported accrual.

Is there any indication of indirect ownership or special arrangements in the filing?

No. The Form 4 lists the ownership form as direct (D) and provides the standard explanation that units are subject to RSU vesting and settlement terms.