Form 4: Sysco EVP and CHRO Ronald L. Phillips Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Ronald L. Phillips, EVP and CHRO of Sysco Corp, disposed of 883 shares of common stock on September 3, 2024, to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On September 3, 2024, Ronald L. Phillips, the EVP and CHRO of Sysco Corp, disposed of 883 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $77.97 per share.
- Following the transaction, Phillips directly owns 30,026.628 shares of Sysco Corp common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (stock disposal for tax obligations) and doesn't indicate any significant positive or negative sentiment regarding the company's performance or outlook.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of stock disposal transaction. |
| 09/05/2024 | Date of signature on the Form 4 filing. |
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