Form 4: Sysco Director Jill Golder Receives Equity Grant

Sysco Corporation director Jill Golder was granted 2,797 shares of restricted common stock, vesting in one year, under the company's 2018 Omnibus Incentive Plan.

Summary

• Jill Golder, a director of Sysco Corp (SYY), acquired 2,797 shares of common stock.
• The transaction occurred on November 14, 2025.
• These shares represent restricted stock issued at a price of $0 per share.
• The grant is part of the 2018 Sysco Corporation Omnibus Incentive Plan.
• The shares are scheduled to vest on the first anniversary of the grant date, which is November 14, 2026.
• Following this transaction, Jill Golder beneficially owns 10,698 shares of Sysco common stock.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates routine director compensation and alignment of interests, but not a significant market-moving event.

Positives

• The grant of restricted stock to Director Jill Golder aligns her interests with those of shareholders, incentivizing long-term company performance.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent equity compensation strategy.

Negatives

• No direct negatives are apparent from this routine insider compensation filing.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports an insider transaction.

Future Outlook

The 2,797 restricted shares granted to Director Jill Golder are scheduled to vest on November 14, 2026, contingent on continued service.

Industry Context

The grant of restricted stock to a director is a common practice in corporate governance, aiming to align the interests of board members with long-term shareholder value. This type of equity compensation is a standard component of director remuneration across various industries, including the food distribution sector where Sysco operates.

Comparison to Industry Standards

• Granting restricted stock to non-employee directors is a standard compensation practice across S&P 500 companies, including peers in the food service distribution industry like US Foods Holding Corp. (USFD) and Performance Food Group Company (PFGC).
• The use of a Rule 10b5-1 plan for such grants is also a common governance best practice, demonstrating a pre-planned and transparent approach to insider transactions.
• The vesting schedule of one year is typical for director equity grants, encouraging retention and long-term commitment.

Corporate Governance

Related Party Transactions

• Acquisition of 2,797 shares of common stock by Director Jill Golder as part of her compensation package.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with long-term company performance.
• Employees: No direct impact mentioned, but part of a broader incentive plan framework.

Next Steps

• The 2,797 restricted shares will vest on November 14, 2026.

Key Dates

Keywords

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