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

Director Daniel J. Brutto acquired 67 shares of Sysco Corp common stock on March 31, 2025, in lieu of a portion of his non-employee director annual cash retainer fees.

Summary

• On March 31, 2025, Daniel J. Brutto, a director of Sysco Corp, acquired 67 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 $74.1.
• Following the transaction, Brutto directly owns 35,448.949 shares of Sysco Corp.

Sentiment

Score: 6

Explanation: Neutral sentiment. The transaction is part of a standard compensation plan and doesn't necessarily indicate a strong positive or negative outlook.

Positives

• The director's decision to take shares instead of cash may signal confidence in the company's future performance.

Future Outlook

Not applicable, as this is a report of a past transaction.

Industry Context

Insider transactions are closely watched as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction reflects a director's participation in a share-based compensation plan.

Related Party Transactions

• The acquisition of shares in lieu of cash retainer fees is a related party transaction, as it involves compensation to a director.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects the company's compensation policy for non-employee directors.

Key Dates

Keywords

Sysco, Director, Brutto, Share Acquisition, Form 4, Insider Trading, Omnibus Incentive Plan, Common Stock