Form 4: Sysco SVP Victoria Gutierrez Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Victoria Gutierrez, SVP of Sysco Corp, reports disposing of 135 common stock shares to cover tax withholding obligations upon vesting of restricted stock units.
Summary
- On August 12, 2024, Victoria L Gutierrez, a Senior Vice President at Sysco Corp, disposed of 135 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $75.63 per share.
- Following the transaction, Gutierrez directly owns 5,759.912 shares of Sysco Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction for tax purposes.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. Such filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock disposal transaction |
| 08/13/2024 | Date of signature on the report |
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