Form 4: Sysco Corp Executive Neil Russell Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Neil Russell, SVP at Sysco Corp, disposed of 547 shares of common stock on August 12, 2024, to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On August 12, 2024, Neil Russell, a Senior Vice President at Sysco Corp, disposed of 547 shares of common stock.
- The transaction was executed at a price of $75.63 per share.
- The disposal was related to covering tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Russell directly owns 24,730.017 shares of Sysco Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation and tax planning. This filing provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock disposal transaction |
| 08/13/2024 | Date of signature on the Form 4 filing |
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