Sysco (NYSE: SYY) officer lines up 506-share sale after August stock cash-outs
Rhea-AI Filing Summary
SYSCO CORP (SYY) insider Ron Phillips filed a notice under Rule 144 for potential sales of company common stock. The filing lists 506 shares of common stock to be sold, related to restricted stock vesting on 08/21/2026, categorized as compensation and to be handled through Fidelity Brokerage Services LLC.
The notice also reports that during the preceding three months, Ron Phillips sold SYSCO common stock in three transactions: 6,285 shares on 08/10/2026 for $527,562.90, 367 shares on 08/11/2026 for $30,604.13, and 7,350 shares on 08/21/2026 for $614,533.50. The Form 144 is signed on his behalf by a Fidelity representative acting as attorney-in-fact.
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Key Figures
Planned shares to be sold: 506 shares of common stock
Sale on 08/10/2026: 6,285 shares for $527,562.90
Sale on 08/11/2026: 367 shares for $30,604.13
+2 more
5 metrics
Planned shares to be sold
506 shares of common stock
Securities To Be Sold section, related to restricted stock vesting on 08/21/2026
Sale on 08/10/2026
6,285 shares for $527,562.90
Securities Sold During The Past 3 Months
Sale on 08/11/2026
367 shares for $30,604.13
Securities Sold During The Past 3 Months
Sale on 08/21/2026
7,350 shares for $614,533.50
Securities Sold During The Past 3 Months
Broker relationship
Fidelity Brokerage Services LLC
Listed as broker in Securities Information for SYSCO common stock
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, compensation
4 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.
restricted stock vesting financial
"Common | 08/21/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Ron Phillips"
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.
compensation financial
"506 | 08/21/2026 | Compensation"
FAQ
What does the Form 144 filing for SYSCO CORP (SYY) by Ron Phillips disclose?
It discloses that Ron Phillips intends to sell 506 shares of SYSCO CORP common stock related to restricted stock vesting on 08/21/2026, with the transaction to be carried out through Fidelity Brokerage Services LLC under Rule 144.
What SYSCO (SYY) stock sales has Ron Phillips made in the past three months?
Ron Phillips reported three SYSCO common stock sales: 6,285 shares on 08/10/2026 for $527,562.90, 367 shares on 08/11/2026 for $30,604.13, and 7,350 shares on 08/21/2026 for $614,533.50.
Who is the broker handling the Form 144 sale for SYSCO (SYY)?
The broker handling the planned Rule 144 sale is Fidelity Brokerage Services LLC, listed in the securities information section, with the Form 144 signed by a Fidelity representative as attorney-in-fact for Ron Phillips.
Is Ron Phillips an officer of SYSCO CORP (SYY) in this filing?
Yes. The Form 144 identifies the person for whose account the securities are to be sold, Ron Phillips, with the relationship marked as Officer of SYSCO CORP.
AI-generated analysis. How Rhea-AI works. Not financial advice.