Form 4: Sysco EVP Greg D. Bertrand Reports Stock Transaction
SEC Form 4 Filing
EVP Greg D. Bertrand of Sysco Corp. reports the disposal of 247 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On September 11, 2024, Greg D. Bertrand, an Executive Vice President at Sysco Corp, disposed of 247 shares of common stock.
- The transaction was executed to cover tax withholding obligations upon the vesting of restricted stock units.
- The price per share was $78.5.
- Following the transaction, Bertrand directly owns 82,425.382 shares of Sysco common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations and doesn't indicate a significant change in the executive's holdings or outlook.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to tax obligations and does not necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of stock transaction |
| 09/13/2024 | Date of signature on the report |
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