Form 4: Sysco Director Paul Alison Kenney Acquires Shares in Lieu of Cash Retainer

Director Paul Alison Kenney acquired 111 shares of Sysco Corp common stock on March 31, 2025, in lieu of a portion of non-employee director annual cash retainer fees.

Summary

• On March 31, 2025, Paul Alison Kenney, a director of Sysco Corp, acquired 111 shares of common stock.
• The acquisition was made in lieu of a portion of 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, Kenney directly owns 9,555 shares of Sysco Corp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard compensation practice. The director taking shares instead of cash could be seen as a slightly positive signal.

Positives

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

Industry Context

Directors often receive compensation in the form of stock to align their interests with those of shareholders. This Form 4 filing reflects that practice.

Stakeholder Impact

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

Key Dates

Keywords

Sysco, Director, Share Acquisition, Form 4, Insider Trading, Common Stock, Beneficial Ownership, SEC Filing