Form 4: Sysco Director Brutto Receives Stock Grant

Sysco Corporation Director Daniel J. Brutto was granted 2,797 shares of common stock as restricted stock under an incentive plan.

Summary

• Daniel J. Brutto, a Director of Sysco Corporation (SYY), acquired 2,797 shares of common stock.
• The transaction occurred on November 14, 2025.
• The shares were issued as restricted stock pursuant to the 2018 Sysco Corporation Omnibus Incentive Plan.
• The acquisition price for these shares was $0.00 per share.
• These granted shares are scheduled to vest on the first anniversary of the grant date, which is November 14, 2026.
• Following this transaction, Daniel J. Brutto beneficially owns a total of 38,449.912 shares of Sysco common stock.

Sentiment

Score: 6

Explanation: Slightly positive, as it represents a routine director compensation event that aligns management interests with shareholders, without indicating any immediate operational or financial concerns.

Positives

• The grant of restricted stock aligns the interests of Director Daniel J. Brutto with those of shareholders, as the value of his compensation is tied to the company's stock performance.
• The use of the 2018 Sysco Corporation Omnibus Incentive Plan demonstrates a structured approach to executive and director compensation, utilizing equity to incentivize long-term commitment.

Future Outlook

The granted restricted stock is set to vest on November 14, 2026, indicating a future milestone for the director's equity compensation.

Industry Context

This transaction represents a routine equity grant to a director, a common practice across publicly traded companies to align leadership interests with long-term shareholder value. Such grants are standard components of director compensation packages in the food distribution and broader corporate sectors.

Comparison to Industry Standards

• The grant of restricted stock to a director is a standard compensation practice, comparable to similar equity incentive programs observed in companies like US Foods Holding Corp. (USFD) or Performance Food Group Company (PFGC), which also utilize equity to incentivize their leadership.
• The vesting schedule, typically over one to three years, is also consistent with industry norms for retaining and motivating directors.

Corporate Governance

Related Party Transactions

• The acquisition of common stock by Daniel J. Brutto, a Director of Sysco Corporation, from the company itself constitutes a related party transaction, as it involves a key management personnel and the issuer.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with long-term shareholder value, potentially fostering more shareholder-centric decision-making.
• Employees: While not directly impacting general employees, such compensation practices for leadership can influence overall company culture regarding performance incentives.

Next Steps

• The 2,797 restricted shares granted to Daniel J. Brutto are expected to vest on November 14, 2026.

Key Dates

Keywords

Sysco, SYY, Form 4, Insider Transaction, Stock Grant, Director Compensation, Restricted Stock, Equity Incentive Plan