Form 4: Sysco SVP Victoria Gutierrez Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Victoria Gutierrez, SVP of Sysco Corp, disposed of 62 shares of common stock on September 3, 2024, to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On September 3, 2024, Victoria Gutierrez, a Senior Vice President at Sysco Corp, disposed of 62 shares of Sysco's common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The shares were sold at a price of $77.97 per share.
- Following the transaction, Gutierrez directly owns 9,842.912 shares of Sysco common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions by a company insider for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Victoria Gutierrez, transact in their company's stock. These filings provide transparency to the market regarding the buying and selling activities of individuals with access to non-public information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of stock disposal transaction |
| 09/05/2024 | Date of signature on the Form 4 filing |
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