SYY.NYSESysco CORP

Form 4: SYSCO EVP Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report

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SYSCO's EVP and CTO, Thomas R. Peck Jr., disposed of 393 shares of common stock on September 2, 2025, to cover tax withholding obligations related to restricted stock unit vesting.

Summary

  • Thomas R. Peck Jr., Executive Vice President and Chief Technology Officer (EVP and CTO) of SYSCO CORP (SYY), reported a transaction on September 2, 2025.
  • The transaction involved the disposition of 393 shares of SYSCO common stock.
  • These shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units.
  • The shares were disposed of at a price of $80.47 per share.
  • Following this transaction, Thomas R. Peck Jr. beneficially owns 66,529.882 shares of SYSCO common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations upon the vesting of restricted stock units, which is a neutral event from an investment perspective.

Positives

  • The underlying event is the vesting of restricted stock units, indicating the executive met performance or tenure conditions for this compensation.

Negatives

  • No direct negatives as the transaction is a non-discretionary sale to cover tax liabilities.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.

Key Dates

DateDescription
09/02/2025Date of transaction where shares were disposed of for tax withholding.
09/04/2025Date the Form 4 was signed by the attorney-in-fact for the reporting person.

Keywords

SYSCO, SYY, Form 4, insider transaction, executive compensation, stock sale, tax withholding, restricted stock units

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