SYY Form 4: Director Ali Dibadj receives 336 shares under omnibus plan
Rhea-AI Filing Summary
Sysco Corp (SYY) director Ali Dibadj received 336 shares of common stock on 09/30/2025 in lieu of his non-employee director annual cash retainer under the Sysco Corporation 2018 Omnibus Incentive Plan. The reported per-share price for the transaction is $81.84 and the director beneficially owns 13,089 shares following the transaction, held in a direct ownership form. The filing was signed by an attorney-in-fact on behalf of the reporting person.
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Insights
TL;DR: Routine director compensation election; small share receipt increases alignment without indicating material change to ownership.
The Form 4 discloses a non-derivative acquisition of 336 Sysco common shares by director Ali Dibadj on 09/30/2025, elected in lieu of an annual cash retainer under the company's omnibus incentive plan. The transaction price is reported as $81.84 per share and results in total beneficial ownership of 13,089 shares held directly. This is a standard, non-market-moving director compensation election and does not by itself signal a material shift in insider exposure or control. Filing signature was provided by an attorney-in-fact.
TL;DR: Standard governance practice—director deferred cash fees into equity; reflects routine alignment with shareholders.
The disclosure indicates use of the Sysco 2018 Omnibus Incentive Plan to receive equity instead of cash, a common practice to align outside directors with shareholder interests. The reported 336-share award and resulting 13,089-share ownership are modest relative to a large-cap issuer and do not represent a change in control or a material concentration of ownership. There are no indications of related-party transactions beyond standard director compensation, and the form contains the expected declarations and signature via attorney-in-fact.