Sysco (NYSE: SYY) CCO has RSU shares withheld for taxes
Rhea-AI Filing Summary
SYSCO CORP (SYY) reported an insider transaction by Brenna C. Garrett, SVP and Chief Commercial Officer. On 2026-08-21, Garrett had 358 shares of common stock withheld at $83.06 per share to pay tax withholding obligations upon vesting of restricted stock units. After this tax-related disposition, Garrett directly held 8,192.135 shares of Sysco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 358 shares
Net Sell
1 txn
Insider
Garrett Brenna C
Role
SVP, CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 358 | $83.06 | $30K |
Holdings After Transaction:
Common Stock — 8,192.135 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 tax withholding obligations: 358 shares
Per-share value used for withholding: $83.06 per share
Shares owned after transaction: 8,192.135 shares
3 metrics
Shares withheld for tax withholding obligations
358 shares
Shares of SYSCO CORP common stock withheld on 2026-08-21
Per-share value used for withholding
$83.06 per share
Value applied to the 358 shares withheld to pay tax withholding obligations
Shares owned after transaction
8,192.135 shares
Direct SYSCO CORP common stock holdings of Brenna C. Garrett after the transaction
Key Terms
restricted stock units, tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"upon the vesting of restricted stock units to pay tax withholding"
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
"shares were withheld upon the vesting of restricted stock units to pay tax withholding"
Payment of tax liability by delivering or withholding securities financial
"transaction code description Payment of tax liability by delivering or withholding"
FAQ
What insider transaction did SYSCO CORP (SYY) disclose for Brenna C. Garrett?
SYSCO CORP disclosed that Brenna C. Garrett had 358 shares of common stock withheld on 2026-08-21 to satisfy tax withholding obligations related to the vesting of restricted stock units, at a value of $83.06 per share.
Did the SYSCO (SYY) insider transaction involve an open-market sale or purchase?
No. The reported transaction for SYSCO (SYY) used code F, indicating shares were withheld to pay tax withholding obligations on vested restricted stock units, rather than an open-market sale or purchase.
Was the SYSCO (SYY) insider transaction reported under a Rule 10b5-1 trading plan?
No. The filing shows the Rule 10b5-1 checkbox as not selected, and the transaction is described as shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.