Form 4: Sysco Director Ali Dibadj Acquires 371 Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Director Ali Dibadj acquired 371 shares of Sysco Corp common stock on March 31, 2025, in lieu of non-employee director annual cash retainer fees.
Summary
- On March 31, 2025, Ali Dibadj, a director of Sysco Corp, acquired 371 shares of common stock.
- The acquisition was made in lieu of non-employee director annual cash retainer fees, as per the Sysco Corporation 2018 Omnibus Incentive Plan.
- The price per share was $74.1.
- Following the transaction, Dibadj directly owns 12,387 shares of Sysco Corp common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. A director taking shares instead of cash is generally a good sign, indicating confidence in the company's stock.
Positives
- The director's decision to take shares in lieu of cash demonstrates confidence in the company's future.
Industry Context
Insider transactions are closely watched as they can provide signals about management's perspective on the company's value and prospects. A director accepting shares in lieu of cash compensation can be seen as a positive sign.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Ali Dibadj acquired 371 shares of Sysco common stock. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
Sysco, Director, Share Acquisition, Insider Transaction, Form 4, Dibadj, SYY, Common Stock
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