vasconcellos wallim cruz de jr 4

What Happened Vasconcellos Wallim Cruz de Jr., a director of Pilgrim's Pride Corp. (PPC), was recorded as acquiring 1,927 shares on 2026-04-29 via an award/grant reported at $0.00 per share (total reported value $0). This transaction reflects restricted stock units (RSUs) that vest upon the director's departure from the company's board—not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-29; Form 4 filed 2026-05-05.
• Price: $0.00 per share; Shares acquired: 1,927; Reported total value: $0.
• Shares owned after transaction: not disclosed on the filing.
• Footnote F1: These are restricted stock units vesting upon the director’s departure; each RSU is a contingent right to one share of PPC common stock.
• Nature: Award/grant (code A) — not a purchase (P) or sale (S); not an option exercise.
• Filing timeliness: The Form 4 was filed several days after the transaction date; Form 4s are typically due within two business days, so investors may want to note the delayed filing.

Context Restricted stock unit awards tied to board departure are often administrative/compensatory in nature and do not by themselves indicate insider buying or selling sentiment. Because no cash was exchanged and no immediate sale was reported, this should be viewed as a compensation/vesting event; monitor future filings if the director later sells or disposes of the shares.