Batista Wesley Mendonca 4
4 · PILGRIMS PRIDE CORP · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Pilgrim's Pride (PPC) 10% Owner Wesley Batista Receives Award
What Happened
- Wesley Mendonca Batista, reported as a 10% owner of Pilgrim's Pride Corp. (PPC), was granted 1,927 restricted stock units (RSUs) on April 29, 2026. The Form 4 lists the acquisition as an award (code A) at $0.00 per share (total consideration $0). Footnote F1 clarifies each RSU is a contingent right to one share that vests upon the director's departure from the company's Board of Directors.
Key Details
- Transaction date: 2026-04-29; Filing date (Form 4): 2026-05-05 — filing appears late (transactionTimeliness = 'L').
- Transaction type/code: Grant/Award (A); Amount: 1,927 RSUs; Price per share: $0.00.
- Shares owned after transaction: Not specified in the filing.
- Relevant footnotes: F1 — RSUs vest on director departure; F2 — describes related entities (JBS Wisconsin Properties, JBS S.A., J&F entities) and Batista’s indirect control/ownership links to JBS S.A.
Context
- This was an award of RSUs, not a market purchase or sale, so it does not directly signal a buy or sell decision. The RSUs are contingent and only convert to shares if/when they vest (upon the director’s departure). As a reported 10% owner tied to JBS-related entities, this filing reflects ownership-level activity rather than routine executive open-market trading.
Insider Transaction Report
Form 4
Batista Wesley Mendonca
Director10% Owner
Transactions
- Award
Common Stock, par value $0.01 per share
[F1]2026-04-29+1,927→ 4,723 total
Holdings
- 195,445,936(indirect: By LLC)
Common Stock, par value $0.01 per share
[F2]
Footnotes (2)
- [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.
- [F2]JBS Wisconsin Properties, LLC is a wholly owned, indirect subsidiary of JBS S.A. JBS S.A. is ultimately controlled by the reporting person and Joesley Mendonca Batista, who jointly control and equally and indirectly own: (1) 100% of the equity interests in J&F Investimentos S.A., a Brazilian corporation, which owns approximately 23.54% of the outstanding capital of JBS S.A.; and (2) 100% of the equity interests in J&F Participacoes S.A., a Brazilian corporation, which owns approximately 24.79% of the outstanding capital of JBS S.A.
Signature
/s/ Wesley Mendonca Batista|2026-05-05