{"schema_version":"secwatch.filing_event.v1","accession":"0000802481-26-000059","form_type":"8-K","ticker":"PPC","cik":"0000802481","company_name":"PILGRIMS PRIDE CORP","filed_at":"2026-08-28T21:23:01+00:00","discovered_at":"2026-08-28T21:24:02.379317+00:00","generated_at":"2026-08-28T21:24:10.559770+00:00","sec_items":["8.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Pilgrim's Pride settles derivative lawsuit; JBS to pay $31M to company","bullets":["Settlement of shareholder derivative suit: JBS defendants pay $31M to Pilgrim's Pride, pending Delaware Court of Chancery approval.","Settlement amount stems from raising Tax-Sharing-Agreement 'Dividend' definition from $725M to $1.17B, per mediator recommendation.","JBS pays $250K initial deposit plus $30.75M to escrow controlled by Pilgrim's Pride; net proceeds go to Company, not stockholders directly.","Settlement releases all claims against JBS and directors regarding Charter Amendment and Tax Sharing Agreement; parties admit no wrongdoing."],"urls":{"canonical":"https://secwatch.observer/filing/0000802481-26-000059","json":"https://secwatch.observer/filing/0000802481-26-000059.json","markdown":"https://secwatch.observer/filing/0000802481-26-000059.md","text":"https://secwatch.observer/filing/0000802481-26-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802481/000080248126000059/0000802481-26-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802481/000080248126000059/ppc-20260828.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-28T21:24:10.559770+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"}