Sysco Form 4 shows director award of 2,797 restricted SYY shares
Rhea-AI Filing Summary
Sysco Corporation (SYY) reported a routine insider equity award for one of its directors. On 11/14/2025, the director received 2,797 shares of common stock as a grant of restricted stock issued under the 2018 Sysco Corporation Omnibus Incentive Plan. The grant was priced at $0 because it is an equity award, not an open‑market purchase, and it will vest on the first anniversary of the grant date. After this transaction, the director beneficially owns 10,698 shares of Sysco common stock, held directly. No derivative securities transactions were reported.
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FAQ
What insider transaction did Sysco (SYY) report in this Form 4?
Sysco reported that a director received a grant of 2,797 shares of common stock as restricted stock on 11/14/2025.
At what price were the 2,797 Sysco (SYY) shares granted to the director?
The 2,797 restricted shares were granted at a stated price of $0, reflecting that this was an equity award rather than a market purchase.
When do the newly granted restricted shares in Sysco (SYY) vest?
The restricted stock grant of 2,797 shares will vest on the first anniversary of the grant date.
How many Sysco (SYY) shares does the director own after this transaction?
Following the grant, the director beneficially owns 10,698 shares of Sysco common stock, held directly.
Under which plan were the Sysco (SYY) restricted shares granted?
The 2,797 restricted shares were issued under the 2018 Sysco Corporation Omnibus Incentive Plan.
Did this Sysco (SYY) Form 4 report any derivative securities transactions?
No. The Form 4 only reports a grant of non-derivative restricted common stock and shows no derivative securities activity.