{"schema_version":"secwatch.filing_event.v1","accession":"0000802481-26-000056","form_type":"8-K","ticker":"PPC","cik":"0000802481","company_name":"PILGRIMS PRIDE CORP","filed_at":"2026-08-20T12:25:25+00:00","discovered_at":"2026-08-20T12:30:02.084027+00:00","generated_at":"2026-08-20T12:30:13.878898+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Majority owner JBS proposes stock-for-stock acquisition of Pilgrim's Pride","bullets":["JBS N.V. proposes to acquire all PPC shares it doesn't own at 2.086 JBS Class A shares per PPC share.","Implied value based on Aug 18, 2026 closes (JBS $13.66, PPC $28.49) is ~$28.50 per PPC share.","Board will form special committee; JBS requires its approval and majority of minority shares voted.","Proposal is non-binding, subject to definitive documentation; JBS says no due diligence needed.","JBS will not back alternative sale/merger of PPC and won't vote for any other transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0000802481-26-000056","json":"https://secwatch.observer/filing/0000802481-26-000056.json","markdown":"https://secwatch.observer/filing/0000802481-26-000056.md","text":"https://secwatch.observer/filing/0000802481-26-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802481/000080248126000056/0000802481-26-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802481/000080248126000056/ppc-20260818.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-20T12:30:13.878898+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}