Form 4: SYSCO SVP Sells Shares for Tax Obligations
Insider Transaction Report
SYSCO's Senior Vice President, Gregory Scott Keller, disposed of 307 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Gregory Scott Keller, Senior Vice President of SYSCO Corp (SYY), reported a transaction on August 11, 2025.
- The transaction involved the disposition of 307 shares of SYSCO common stock.
- The shares were disposed of at a price of $80.65 per share.
- This disposition was for the purpose of paying tax withholding obligations upon the vesting of restricted stock units.
- Following this transaction, Mr. Keller directly beneficially owns 17,287.693 shares of SYSCO common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary event related to equity compensation and tax obligations, indicating a neutral sentiment.
Future Outlook
The filing does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects a standard compensation-related event for a corporate executive.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, small-scale transaction for tax purposes, not a discretionary sale indicating a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 08/11/2025 | Date of transaction where shares were disposed of for tax withholding. |
| 08/12/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
SYSCO, SYY, SEC Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Corporate Officer
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