Form 4: Sysco Director Daniel J. Brutto Acquires Shares in Lieu of Cash Retainer

Director Daniel J. Brutto acquired 108 shares of Sysco Corp common stock on December 31, 2024, in lieu of a portion of his non-employee director annual cash retainer fees.

Summary

• On December 31, 2024, Daniel J. Brutto, a director of Sysco Corp, acquired 108 shares of common stock.
• The acquisition was made in lieu of a portion of his non-employee director annual cash retainer fees, as per the Sysco Corporation 2018 Omnibus Incentive Plan.
• The price per share was $76.36.
• Following the transaction, Brutto directly owns 35,357.162 shares of Sysco Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction indicating director's alignment with shareholder interests, but it's not a major event.

Positives

• The director's decision to take shares in lieu of cash demonstrates confidence in the company's future performance.

Industry Context

Directors receiving shares in lieu of cash compensation is a common practice, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates