Andre Nogueira de Souza 4

What Happened
Andre Nogueira de Souza, a member of the Board of Directors of Pilgrim's Pride Corporation (PPC), was credited with 1,927 restricted stock units (RSUs) on 2026-04-29. The RSUs were reported at $0.00 per unit (total reported value $0) and are an award/acquisition rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-29; Form 4 filed: 2026-05-05.
• Transaction type: Award/Grant (code A) — 1,927 units at $0.00; total reported acquisition value $0.
• Shares owned after transaction: not specified in the filing.
• Footnote: These RSUs vest upon the director’s departure from the Board; each RSU is a contingent right to one share (see footnote F1).
• Timeliness: The Form 4 was filed on May 5 for an April 29 transaction; this appears later than the standard 2-business-day reporting window.

Context
RSU awards to directors are routine compensation and do not represent an outright purchase (bullish signal) or sale. Because these units vest only upon departure, they are contingent awards rather than immediately tradable shares. Late filings reduce the timeliness of the disclosure but do not by themselves indicate any change in company fundamentals.