Form 4: Sysco Director Larry C. Glasscock Acquires Shares in Lieu of Cash Retainer

Director Larry C. Glasscock acquired 343 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, Larry C. Glasscock, a director of Sysco Corp, acquired 343 shares of common stock.
• The acquisition was made in lieu of a portion of his non-employee director annual cash retainer fees, as part of the Sysco Corporation 2018 Omnibus Incentive Plan.
• The price per share was $76.36.
• Following the transaction, Glasscock beneficially owns 95,138 shares of Sysco Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction of a director receiving shares as part of their compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

• The director's decision to take shares in lieu of cash may signal 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 shareholders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine director compensation matter.

Key Dates