Sysco SVP receives stock from PSU vesting
Sysco Corp executive Brenna C. Garrett, SVP and CCO, received 1,460.788 shares of common stock on 2026-07-31 upon vesting of performance share units granted in August 2023 under the 2018 Omnibus Incentive Plan.
Rhea-AI Filing Summary
Sysco Corp executive Brenna C. Garrett, SVP and CCO, received 1,460.788 shares of common stock on 2026-07-31 upon vesting of performance share units granted in August 2023 under the 2018 Omnibus Incentive Plan. The vesting was based on pre-established financial performance metrics for the performance period from fiscal 2024 to fiscal 2026.
On the same date, 357 shares were withheld at a reference value of $84.71 per share to cover tax withholding obligations related to the vesting. The remaining vested shares represent a compensation-related equity award rather than an open-market purchase or sale.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,460.788 | $84.71 | $124K |
| Tax Withholding | Common Stock F2 | 357 | $84.71 | $30K |
Footnotes (2)
- F1. Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2018 Omnibus Incentive Plan. These performance share units were granted by the Committee in August 2023. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2024 to fiscal 2026.
- F2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Key Figures
Key Terms
2018 Omnibus Incentive Plan financial
pre-established financial performance metrics financial
tax withholding obligations financial
FAQ
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What did Sysco (SYY) executive Brenna C. Garrett receive in this Form 4 filing?
Was Brenna C. Garrett’s Sysco (SYY) Form 4 filed under a Rule 10b5-1 trading plan?
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