Sysco (NYSE: SYY) officer lines up new Rule 144 share sale
Rhea-AI Filing Summary
SYSCO CORP (SYY) received a notice under Rule 144 that Ronald L. Phillips, identified as an officer, intends to sell 7,350 shares of SYSCO common stock through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $614,533.50. The shares are to be sold for cash following a stock option exercise, with an anticipated sale date of 08/21/2026. Over the prior three months, Phillips reported sales of 6,285 shares for $527,562.90 on 08/10/2026 and 367 shares for $30,604.13 on 08/11/2026. The notice is signed by Wade Moss as a duly authorized representative of Fidelity, acting as attorney-in-fact for Phillips.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 7,350 shares
Aggregate market value of proposed sale: $614,533.50
Shares sold on 08/10/2026: 6,285 shares
+3 more
6 metrics
Shares proposed to be sold
7,350 shares
SYSCO CORP common stock under Rule 144, with anticipated sale date 08/21/2026
Aggregate market value of proposed sale
$614,533.50
Value associated with 7,350 SYSCO CORP common shares in the Rule 144 notice
Shares sold on 08/10/2026
6,285 shares
SYSCO CORP common stock sold by Ronald L. Phillips during prior three months
Proceeds on 08/10/2026 sale
$527,562.90
Aggregate sale price for 6,285 SYSCO CORP common shares
Shares sold on 08/11/2026
367 shares
SYSCO CORP common stock sold by Ronald L. Phillips during prior three months
Proceeds on 08/11/2026 sale
$30,604.13
Aggregate sale price for 367 SYSCO CORP common shares
Key Terms
Rule 144, stock option exercise, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock option exercise financial
"Common | 08/21/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as attorney-in-fact for Ron Phillips ATTENTION: Intentional misstatements"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What stock sale is being reported for SYSCO CORP (SYY) in this Form 144?
The filing reports that Ronald L. Phillips intends to sell 7,350 shares of SYSCO CORP common stock under Rule 144, through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $614,533.50 and an anticipated sale date of 08/21/2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.