Sysco Corp (NYSE: SYY) Interim CFO receives shares from performance award
Rhea-AI Filing Summary
Sysco Corp Interim CFO Brandon Elliot Sewell reported two transactions in common stock on July 31, 2026. He acquired 739.773 shares upon vesting of performance share units granted in August 2023 under the 2018 Omnibus Incentive Plan, and 181 shares were withheld at $84.71 per share to cover tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 558.773 shares
Net Buy
2 txns
Insider
Sewell Brandon Elliot
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 739.773 | $84.71 | $63K |
| Tax Withholding | Common Stock F2 | 181 | $84.71 | $15K |
Holdings After Transaction:
Common Stock — 4,836.425 shares (Direct)
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
Shares acquired from PSU vesting: 739.773 shares
Shares withheld for taxes: 181.0000 shares
Reference share price: $84.7100 per share
3 metrics
Shares acquired from PSU vesting
739.773 shares
Common stock received upon vesting of performance share units on 2026-07-31
Shares withheld for taxes
181.0000 shares
Common stock withheld upon vesting to pay tax withholding obligations
Reference share price
$84.7100 per share
Price used for both the vesting and tax-withholding share calculations
Key Terms
performance share units, 2018 Omnibus Incentive Plan, pre-established financial performance metrics, tax withholding obligations
4 terms
2018 Omnibus Incentive Plan financial
"granted by the Committee pursuant to the 2018 Omnibus Incentive Plan"
pre-established financial performance metrics financial
"determined based upon the Company's performance with regard to pre-established financial performance metrics"
tax withholding obligations financial
"These shares were withheld upon the vesting of performance share units to pay tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did SYSCO CORP (SYY) report for its Interim CFO?
SYSCO CORP reported that Interim CFO Brandon Elliot Sewell received 739.773 shares of common stock on July 31, 2026, from vesting performance share units granted in August 2023 under the 2018 Omnibus Incentive Plan, tied to multi‑year financial performance metrics.
Were the SYSCO CORP (SYY) insider transactions made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked, and no footnote describes a trading plan. The report therefore does not characterize these equity award and tax-withholding transactions as being executed under a Rule 10b5-1 plan.