Sysco (NYSE: SYY) CAO has 621 shares withheld for taxes
Rhea-AI Filing Summary
SYSCO CORP (SYY) reported an insider transaction by Jennifer L. Johnson, its Senior Vice President and Chief Accounting Officer. On 2026-08-21, 621 shares of common stock were disposed of at $83.06 per share in a transaction classified as a payment of tax liability by delivering or withholding securities. A footnote states these shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations, indicating this was not an open-market sale. After this withholding, Johnson directly held 16,337.29 shares of Sysco common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 621 shares
Net Sell
1 txn
Insider
Johnson Jennifer L
Role
SVP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 621 | $83.06 | $52K |
Holdings After Transaction:
Common Stock — 16,337.29 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: 621 shares
Per-share value for withholding: $83.06 per share
Shares held after transaction: 16,337.29 shares
3 metrics
Shares withheld for tax
621 shares
Shares of common stock withheld on 2026-08-21 to pay tax withholding obligations
Per-share value for withholding
$83.06 per share
Value used for the 621 shares withheld in the tax-liability transaction
Shares held after transaction
16,337.29 shares
Direct ownership of SYSCO CORP common stock by Jennifer L. Johnson after the transaction
Key Terms
restricted stock units, tax withholding obligations, Common Stock
3 terms
restricted stock units financial
"withheld upon the vesting of restricted stock units to pay tax"
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
"vested stock units to pay tax withholding obligations"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did SYSCO CORP (SYY) report for Jennifer L. Johnson?
SYSCO CORP reported that Jennifer L. Johnson, SVP and CAO, had 621 shares of common stock withheld on 2026-08-21 to pay tax withholding obligations upon the vesting of restricted stock units, at a reported value of $83.06 per share.
Was the recent SYSCO (SYY) insider transaction an open-market sale?
No. A footnote explains that the 621 shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations, so the transaction reflects tax withholding rather than an open-market sale by Jennifer L. Johnson.
What role does Jennifer L. Johnson hold at SYSCO CORP (SYY)?
Jennifer L. Johnson is reported as an officer of SYSCO CORP, serving as Senior Vice President and Chief Accounting Officer (SVP and CAO) in the Form 4 filing detailing the insider transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.