Form 4: Sysco SVP & CAO Sells Shares for Tax Obligations
Insider Transaction Report
Sysco's Senior Vice President and Chief Accounting Officer, Jennifer L. Johnson, disposed of 718 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Jennifer L. Johnson, Sysco Corp's Senior Vice President and Chief Accounting Officer, reported a transaction on November 10, 2025.
- The transaction involved the disposition of 718 shares of Sysco Common Stock at a price of $75.18 per share.
- These shares were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following this transaction, Johnson beneficially owns 14,730 shares of Sysco Common Stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event reflecting standard executive compensation practices.
Positives
- Restricted stock units vested, indicating a positive compensation event for the executive.
Future Outlook
This Form 4 does not contain forward-looking statements or guidance.
Industry Context
This insider transaction is a routine event related to executive compensation and does not provide specific insights into broader industry trends or competitive dynamics within the food service distribution sector.
Stakeholder Impact
- Shareholders: Minimal impact as the transaction is a routine tax-related disposition by an executive, not a discretionary sale indicating a change in confidence.
- Employees, customers, suppliers, creditors: No direct impact from this specific filing.
Key Dates
| Date | Description |
|---|---|
| 11/10/2025 | Date of earliest transaction (disposition of shares). |
| 11/12/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 reports a routine disposition of shares by an executive to cover tax obligations upon the vesting of restricted stock units. Such a transaction is a standard part of executive compensation and does not typically indicate a change in the company's fundamental performance or outlook, thus warranting a 'hold' recommendation based solely on this filing.
Keywords
Sysco, SYY, Form 4, insider transaction, stock sale, executive compensation, restricted stock units, tax withholding
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