Form 4: Sysco Corp SVP Gregory Scott Keller Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Gregory Scott Keller, SVP of Sysco Corp, disposed of 62 shares of common stock on September 11, 2024, to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On September 11, 2024, Gregory Scott Keller, a Senior Vice President at Sysco Corp, disposed of 62 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $78.5.
- Following the transaction, Keller directly owns 15,270.366 shares of Sysco Corp common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related stock disposal, which is common when restricted stock units vest.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of stock disposal transaction |
| 09/13/2024 | Date of signature for the report |
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