Batista Wesley Mendonca 4

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.