Form 4: Sysco Corp Executive Daniel Purefoy Reports Stock Transaction
SEC Form 4 Filing
Daniel Purefoy, SVP and Chief Supply Chain Officer of Sysco Corp, reports a transaction involving common stock to cover tax obligations.
Summary
- On September 11, 2024, Daniel Purefoy, SVP, Chief Supply Chain Officer of SYSCO CORP [SYY], had a transaction involving common stock.
- 90 shares were disposed of at a price of $78.5 to cover tax withholding obligations.
- Following the transaction, Purefoy directly owns 24,960 shares of Sysco Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine stock transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting restricted stock units, a common practice.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of stock transaction |
| 09/13/2024 | Date of signature by Attorney-in-fact |
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