Sysco (NYSE: SYY) director takes 67 shares instead of cash fees
Rhea-AI Filing Summary
Sysco Corporation director reports small stock compensation grant. A Sysco non-employee director acquired 67 shares of common stock on 12/31/2025 at $74.2 per share. After this transaction, the director beneficially owned 38,516.912 Sysco shares in total, held directly. The filing explains that these shares were elected to be received in lieu of a portion of the director’s annual cash retainer fees under the Sysco Corporation 2018 Omnibus Incentive Plan, meaning part of the board compensation was taken in stock instead of cash.
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FAQ
What did Sysco (SYY) disclose in this Form 4 filing?
The filing reports that a Sysco non-employee director acquired 67 shares of Sysco common stock on 12/31/2025, recorded as an acquisition transaction.
At what price were the Sysco (SYY) shares acquired by the director?
The 67 Sysco common shares were acquired at a price of $74.2 per share.
How many Sysco (SYY) shares does the director own after this transaction?
Following the reported transaction, the director beneficially owned 38,516.912 shares of Sysco common stock, held directly.
Why did the Sysco director receive these 67 shares?
According to the explanation, the 67 shares represent stock elected to be received in lieu of a portion of the non-employee director’s annual cash retainer fees under the Sysco Corporation 2018 Omnibus Incentive Plan.
What is the relationship of the reporting person to Sysco (SYY)?
The reporting person is identified as a Director of Sysco Corporation.
Is the ownership of Sysco (SYY) shares by the director direct or indirect?
The Form 4 indicates that the 38,516.912 Sysco shares are held under direct ownership.