SYSCO CORP (SYY) CEO Hourican reports 6,309-share tax withholding on RSU vesting
Rhea-AI Filing Summary
SYSCO CORP Chair and CEO Kevin Hourican reported a Form 4 transaction involving company common stock. On 2026-08-10, 6,309 shares were withheld at $84.29 per share to satisfy tax withholding obligations upon the vesting of restricted stock units. Following this tax-withholding disposition, Hourican’s directly held stake totaled 481,138.393 shares of SYSCO common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 6,309 shares
Net Sell
1 txn
Insider
Hourican Kevin
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 6,309 | $84.29 | $532K |
Holdings After Transaction:
Common Stock — 481,138.393 shares (Direct)
Footnotes (1)
- F1. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
Key Figures
Shares withheld for taxes: 6,309 shares
Per-share value of withheld shares: $84.29 per share
Shares held after transaction: 481,138.393 shares
3 metrics
Shares withheld for taxes
6,309 shares
Common stock withheld on 2026-08-10 to pay tax withholding obligations
Per-share value of withheld shares
$84.29 per share
Valuation applied to 6,309 SYSCO common shares withheld for taxes
Shares held after transaction
481,138.393 shares
Direct SYSCO common stock ownership by Kevin Hourican following the withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"These shares were withheld upon the vesting of restricted stock units to pay tax"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld upon the vesting of restricted stock units to pay tax withholding obligations"
Form 4 regulatory
"Chair and CEO Kevin Hourican reported a Form 4 transaction involving company"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did SYSCO (SYY) CEO Kevin Hourican report in this Form 4?
Kevin Hourican reported that 6,309 SYSCO common shares were withheld on 2026-08-10 to cover tax withholding obligations tied to vesting restricted stock units, a non-market disposition rather than an open-market sale.
Was the SYSCO (SYY) CEO’s Form 4 transaction an open-market sale?
No. The filing states the 6,309 shares were withheld to cover tax withholding obligations on vesting restricted stock units, meaning it was a tax-related disposition, not a discretionary open-market sale of SYSCO shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.