Form 4: Sysco SVP Victoria Gutierrez Reports Performance Share Vesting and Tax Withholding

Sysco's Senior Vice President, Victoria L. Gutierrez, reported the acquisition of 1,437.903 shares of common stock from performance share unit vesting and the disposition of 351 shares for tax obligations.

Summary

• Victoria L. Gutierrez, Senior Vice President of Sysco Corp (SYY), reported changes in her beneficial ownership of common stock.
• On July 31, 2025, 1,437.903 shares of common stock were acquired at a price of $80.11 per share.
• These shares were received upon the vesting of performance share units granted in August 2022 under the 2018 Omnibus Incentive Plan.
• The number of shares received was determined by the company's performance against pre-established financial metrics for the fiscal 2023 to fiscal 2025 period.
• Concurrently, 351 shares of common stock were disposed of at $80.11 per share to cover tax withholding obligations related to the vesting.
• Following these transactions, Victoria L. Gutierrez beneficially owns 10,440.815 shares of Sysco common stock.

Sentiment

Score: 7

Explanation: The filing reports a routine insider transaction involving the vesting of performance share units, indicating the achievement of pre-established financial performance metrics, and a standard disposition for tax obligations. This is generally a neutral to slightly positive indicator of company performance.

Positives

• The vesting of performance share units indicates that Sysco met pre-established financial performance metrics for the fiscal 2023 to fiscal 2025 period, reflecting positive company performance.

Negatives

• The disposition of 351 shares was solely for tax withholding obligations, which is a standard procedure upon the vesting of equity awards and not indicative of a negative outlook.

Future Outlook

The vesting of performance share units, based on performance through fiscal 2025, suggests that the company's internal financial targets for that period were met.

Industry Context

This filing is a routine disclosure of insider stock transactions related to executive compensation, common across publicly traded companies, and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders may view the vesting of performance share units positively, as it indicates that management incentives are aligned with and have achieved company performance targets.

Key Dates

Keywords

Sysco, SYY, Insider Transaction, Form 4, Stock Vesting, Executive Compensation, Performance Share Units, Beneficial Ownership