Form 4: Sysco EVP and CHRO Ronald L. Phillips Reports Stock Transaction
SEC Form 4 Filing
Ronald L. Phillips, EVP and CHRO of Sysco Corp, reports the disposal of 150 common stock shares to cover tax withholding obligations upon vesting of restricted stock units.
Summary
- On September 11, 2024, Ronald L. Phillips, the EVP and CHRO of Sysco Corp, disposed of 150 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $78.5.
- Following the transaction, Phillips directly owns 29,876.628 shares of Sysco common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations from vested stock units, a common practice.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of stock transaction: disposal of 150 shares of common stock. |
| 09/13/2024 | Date of signature on the Form 4 filing. |
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