Sysco CEO granted 84,581 restricted stock units
Sysco’s chair and CEO received a three-year time-vested RSU award, increasing his direct common stock holdings.
Rhea-AI Filing Summary
SYSCO CORP (symbol: SYY) is the issuer of record for a Form 4 filing submitted to the SEC. Hourican Kevin reported acquisition or exercise transactions in this Form 4 filing.
SYSCO CORP (SYY) reported that Chair and CEO Kevin Hourican received a grant of 84,581 restricted stock units of common stock on September 1, 2026, as an award under the company’s 2018 Omnibus Incentive Plan. After this grant, his directly held common stock position is 552,923.393 shares. One-third of the RSUs will vest in equal installments on September 1, 2027, September 1, 2028, and September 1, 2029.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 84,581 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted stock units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
- F2. One-third of the restricted stock units shall vest in equal installments on 09/01/2027, 09/01/2028 and 09/01/2029, respectively.
Key Figures
Key Terms
restricted stock units financial
2018 Omnibus Incentive Plan financial
vest financial
FAQ
What equity award did SYSCO CORP (SYY) grant to CEO Kevin Hourican?
How will the new RSU grant for SYY’s CEO vest over time?
What are Kevin Hourican’s SYY common stock holdings after this Form 4 transaction?
Was the SYY CEO’s RSU grant made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.