Sysco EVP Keller receives stock from PSU vesting
SYSCO CORP EVP Gregory Scott Keller reported equity compensation activity involving performance share units.
Rhea-AI Filing Summary
SYSCO CORP EVP Gregory Scott Keller reported equity compensation activity involving performance share units. On July 31, 2026, he received 3,771.788 shares of common stock upon vesting of performance share units granted under the 2018 Omnibus Incentive Plan, originally awarded in August 2023. The number of vested shares was based on Sysco’s financial performance over the period from fiscal 2024 to fiscal 2026. On the same date, 1,485.000 shares were withheld at a reference value of $84.7100 per share to satisfy tax withholding obligations rather than being sold in the market. The filing indicates these transactions were not made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,771.788 | $84.71 | $320K |
| Tax Withholding | Common Stock F2 | 1,485 | $84.71 | $126K |
Footnotes (2)
- F1. Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2018 Omnibus Incentive Plan. These performance share units were granted by the Committee in August 2023. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2024 to fiscal 2026.
- F2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Key Figures
Key Terms
2018 Omnibus Incentive Plan financial
tax withholding obligations financial
FAQ
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What did Sysco (SYY) EVP Gregory Scott Keller report in this Form 4?
Were Keller’s Sysco (SYY) transactions made under a Rule 10b5-1 plan?
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