Form 4: Sysco Director Ali Dibadj Acquires 338 Shares in Lieu of Cash Retainer

Director Ali Dibadj acquired 338 shares of Sysco Corp common stock at $81.18 per share in lieu of non-employee director annual cash retainer fees.

Summary

• On March 29, 2024, Ali Dibadj, a director of Sysco Corp, acquired 338 shares of common stock.
• The shares were acquired at a price of $81.18 per share.
• The acquisition was made in lieu of non-employee director annual cash retainer fees pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan.
• Following the transaction, Ali Dibadj directly owns 8,122 shares of Sysco Corp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. The director taking shares instead of cash is a mildly positive signal.

Positives

• Director's decision to take shares instead of cash shows confidence in the company's future.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors. It is common for directors to receive stock as part of their compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.

Key Dates