Form 4: Sysco Corp SVP Gregory Scott Keller Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Sysco Corp SVP Gregory Scott Keller disposed of 495 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, Gregory Scott Keller, a Senior Vice President at Sysco Corp, disposed of 495 shares of Sysco's 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, Keller directly owns 11,693.366 shares of Sysco common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and does not indicate any positive or negative sentiment.
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, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock disposal transaction |
| 08/13/2024 | Date of signature on the report |
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