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Sysco Corp (NYSE: SYY) Interim CFO receives shares from performance award

(Neutral)
(Neutral)
Form Type
4

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

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Negative

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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)
  1. 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.
  2. F2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
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
performance share units financial
"Shares received upon the vesting of performance share units granted by the Committee"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
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"

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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.

How many SYSCO CORP (SYY) shares were withheld for taxes in this Form 4?

The filing shows 181 shares of Sysco common stock were withheld at $84.71 per share to satisfy tax withholding obligations that arose when the Interim CFO’s performance share units vested into common stock.

What is the nature of the 739.773 SYSCO CORP (SYY) shares acquired by the Interim CFO?

The 739.773 shares reflect vesting of performance share units granted in August 2023. The actual number of shares delivered was based on Sysco’s results versus pre-established financial performance metrics for the performance period from fiscal 2024 to fiscal 2026.

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.

What role does the Interim CFO of SYSCO CORP (SYY) hold in relation to these share transactions?

Brandon Elliot Sewell is identified as Interim CFO. The reported activity consists of an equity award vesting and related tax withholding, rather than an open-market purchase or sale, and is tied to the company’s long‑term incentive compensation program.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sewell Brandon Elliot

(Last)(First)(Middle)
1390 ENCLAVE PARKWAY

(Street)
HOUSTON TEXAS 77077

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SYSCO CORP [ SYY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026A739.773(1)A$84.715,017.425D
Common Stock07/31/2026F181(2)D$84.714,836.425D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)