Form 4: Sysco Director DeBiase Receives Restricted Stock Grant

Sysco Corporation director Francesca A. DeBiase was granted 2,797 shares of common stock as restricted stock, vesting in one year.

Summary

• Francesca A. DeBiase, a director of Sysco Corp (SYY), was granted 2,797 shares of common stock on 11/14/2025.
• The shares were issued as restricted stock with a price of $0, indicating a grant rather than a purchase.
• This grant was made pursuant to the 2018 Sysco Corporation Omnibus Incentive Plan.
• The receipt of these shares has been deferred under the 2009 Board of Directors Stock Deferral Plan.
• The granted shares are scheduled to vest on the first anniversary of the grant date.
• Following this transaction, Ms. DeBiase directly beneficially owns 8,738.142 shares of Sysco common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-planned event.

Sentiment

Score: 7

Explanation: The grant of restricted stock to a director is a positive signal for aligning interests and is a standard compensation practice, indicating stability in governance. The future transaction date is unusual but doesn't inherently imply negative sentiment, rather it's a planned event.

Positives

• The grant of restricted stock to a director aligns management and director interests with shareholders, promoting long-term value creation.
• The transaction was pre-planned under a Rule 10b5-1(c) plan, indicating a structured and transparent approach to executive and director compensation.

Future Outlook

The grant of restricted stock is set to vest on the first anniversary of the grant date, indicating a future equity event for the director and a continued alignment of interests with the company's long-term performance.

Industry Context

This filing represents a routine insider transaction, specifically a grant of restricted stock to a director, which is a common form of equity compensation in publicly traded companies across various industries. Such grants are designed to align director interests with shareholder value and are a standard component of corporate governance and incentive structures.

Corporate Governance

Related Party Transactions

• Grant of 2,797 shares of restricted common stock to Francesca A. DeBiase, a director of Sysco Corp, as part of her compensation package, which is a related party transaction.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with the company's long-term performance, potentially benefiting shareholders through improved governance and strategic decisions.
• Employees: No direct impact on employees is mentioned in this filing, as it pertains to director compensation.

Next Steps

• The granted shares are scheduled to vest on 11/14/2026, at which point they will become fully owned by the director.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving a restricted stock grant to a director, which is a standard compensation practice. It does not provide new information that would fundamentally alter the investment thesis for Sysco Corp, hence a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Sysco, SYY, Francesca DeBiase, Restricted Stock, Stock Grant, Insider Transaction, Form 4, Director Compensation, Equity Compensation, Rule 10b5-1