STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

SYY Form 144: Option Exercise and Proposed Sale; Recent Insider Sales Total $4.15M

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sysco Corporation (SYY) submitted a Form 144 notifying a proposed sale of 961 shares of common stock through Fidelity Brokerage Services LLC on 09/11/2025 with an aggregate market value of $77,841.00. The securities were acquired as options granted on 09/11/2023 and the filing indicates cash payment on 09/11/2025. The filing lists 478,212,357 shares outstanding for the issuer and includes past sales by the same person totaling 51,243 shares for gross proceeds of $4,150,683.00 during July–September 2025. The signer certifies no undisclosed material adverse information and references Rule 10b5-1 language where applicable.

Positive

  • Filing complies with Rule 144 disclosure requirements and specifies acquisition and payment details
  • Clear statement that the securities were acquired via options and paid for in cash, improving transparency
  • Signer representation asserts no undisclosed material adverse information, aligning with governance norms

Negative

  • Substantial recent insider sales: 51,243 shares sold in past three months for $4,150,683.00, which may attract investor attention
  • Limited context about ownership percentage or trading-plan adoption date, reducing ability to assess intent fully

Insights

TL;DR Routine insider notice for option exercise and small planned sale; recent insider disposals are notable in size.

The Form 144 documents a planned disposition of 961 shares tied to options granted in 2023 and exercised with cash on the sale date. The filing is procedurally compliant with Rule 144 disclosure requirements and indicates normal post-exercise liquidation. However, the filing also reports prior sales of 51,243 shares totaling $4.15 million over the past three months by the same person, which is material for investors tracking insider trading patterns. Without additional context on ownership percentage or trading plan details, this appears as a routine liquidity event rather than a corporate change.

TL;DR Disclosure meets regulatory form requirements; the signer affirms no undisclosed material information and references trading-plan considerations.

The submission includes the required representations and shows the seller affirmed absence of material nonpublic information, reducing governance risk around the trade. The record of multiple recent sales could merit attention from governance monitors if tied to concentrated insider divestiture, but the filing itself contains no indication of policy breach or undisclosed corporate developments. The presence of explicit acquisition and payment dates improves transparency for stakeholders assessing insider conduct.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Sysco's Form 144 filing for SYY report?

The filing notifies a proposed sale of 961 common shares$77,841.00 through Fidelity on 09/11/2025, acquired via options granted on 09/11/2023.

How many shares did the insider sell recently in SYY filings?

The filing discloses prior sales of 37,606 shares on 07/23/2025, 6,286 shares on 08/13/2025, and 7,351 shares on 09/02/2025, totaling 51,243 shares.

What were the gross proceeds from the insider's recent SYY sales?

Gross proceeds from the three sales totaled $4,150,683.00 ($3,046,086.00, $509,166.00, and $595,431.00 respectively).

Were the shares to be sold acquired via options or purchase?

The Form 144 indicates the 961 shares were acquired through options granted on 09/11/2023 and paid in cash on 09/11/2025.

Does the filing indicate any undisclosed material information about Sysco (SYY)?

The person filing represents by signature that they do not know of any material adverse information about the issuer that is not publicly disclosed.
Sysco

NYSE:SYY

SYY Rankings

SYY Latest News

SYY Latest SEC Filings

SYY Stock Data

34.76B
477.78M
0.2%
90.37%
2.74%
Food Distribution
Wholesale-groceries & Related Products
Link
United States
HOUSTON