Form 4: Sysco Corp Executive Eve M. McFadden Reports Stock Transaction
SEC Form 4 Filing
Eve M. McFadden, SVP, GC & Corp Sec of Sysco Corp, reports the disposal of 415 common stock shares to cover tax obligations upon vesting of restricted stock units on August 12, 2024.
Summary
- On August 12, 2024, Eve M. McFadden, a Senior Vice President, General Counsel, and Corporate Secretary at Sysco Corp, disposed of 415 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $75.63 per share.
- Following the transaction, McFadden directly owns 43,802.158 shares of Sysco Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate a significant change in the executive's position or the company's outlook.
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 and does not necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock transaction (disposal of shares). |
| 08/13/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.