STOCK TITAN

Sysco HR chief sells 7,350 shares at $83.61

SYSCO CORP (SYY) executive Ronald L. Phillips, EVP and CHRO, reported multiple equity transactions.

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

SYSCO CORP (SYY) executive Ronald L. Phillips, EVP and CHRO, reported multiple equity transactions. On 8/21/2026, he exercised options for 7,350 shares of common stock at an exercise price of $76.54 per share and sold 7,350 shares of common stock at $83.61 per share, with these exercises and sales effected pursuant to a Rule 10b5-1 trading plan. Also on 8/21/2026, 1,831 shares of common stock were withheld upon the vesting of restricted stock units to pay tax withholding obligations. On 8/24/2026, he sold an additional 506 shares of common stock at $84.09 per share, also pursuant to a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Phillips Ronald L
Role EVP and CHRO
Sold 7,856 shs ($657K)
Approx. gross sale proceeds $657K
Approx. exercise cost $563K
Type Security Shares Price Value
Sale Common Stock F3 506 $84.09 $43K
Exercise Stock Options (Right to buy) F1, F5, F4 7,350 $0.00 $0.00
Exercise Common Stock F1 7,350 $76.54 $563K
Sale Common Stock F1 7,350 $83.61 $615K
Tax Withholding Common Stock F2 1,831 $83.06 $152K
Holdings After Transaction: Stock Options (Right to buy) — 7,350 contracts (Direct); Common Stock — 36,312.664 shares (Direct)
Footnotes (5)
  1. F1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
  2. F2. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
  3. F3. The sale was effected pursuant to a Rule 10b5-1 trading plan.
  4. F4. One-third of the shares covered by the grant vest and are exercisable on 8/21/2025, 8/21/2026 and 8/21/2027, respectively. No options may be exercised prior to 8/21/2025. Options will expire on 8/20/2034.
  5. F5. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
Shares sold 8/21/2026 7,350 shares of Common Stock Sale at $83.61 per share on 2026-08-21
Sale price 8/21/2026 $83.61 per share Sale of 7,350 shares of Common Stock
Shares sold 8/24/2026 506 shares of Common Stock Sale at $84.09 per share on 2026-08-24
Sale price 8/24/2026 $84.09 per share Sale of 506 shares of Common Stock
Options exercised 7,350 options Stock options (Right to buy) exercised on 2026-08-21
Option exercise price $76.54 per share Exercise price for 7,350 stock options on 2026-08-21
Shares withheld for taxes 1,831 shares Shares withheld upon RSU vesting to pay tax withholding obligations
Option expiration date 08/20/2034 Expiration for the stock options referenced in the exercise
Rule 10b5-1 trading plan regulatory
"The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"These shares were withheld upon the vesting of restricted stock units"
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
"withheld upon the vesting of restricted stock units to pay tax withholding obligations"
2018 Omnibus Incentive Plan financial
"Options granted by the Compensation and Leadership Development Committee pursuant to the 2018 Omnibus Incentive Plan"
Stock Options (Right to buy) financial
"Stock Options (Right to buy) with an expiration date of 2034-08-20"

FAQ

What insider transactions did SYSCO (SYY) report for Ronald L. Phillips?

Ronald L. Phillips, EVP and CHRO, reported exercising options for 7,350 SYSCO shares on 8/21/2026, selling 7,350 shares the same day, having 1,831 shares withheld to cover RSU tax obligations, and selling an additional 506 shares on 8/24/2026, all as disclosed.

At what prices did Ronald L. Phillips sell SYSCO (SYY) shares?

Ronald L. Phillips reported selling SYSCO common stock at $83.61 per share for 7,350 shares on 8/21/2026 and at $84.09 per share for 506 shares on 8/24/2026. These transactions were effected pursuant to a Rule 10b5-1 trading plan.

What options did Ronald L. Phillips exercise in SYSCO (SYY)?

On 8/21/2026, Ronald L. Phillips exercised stock options covering 7,350 SYSCO shares at an exercise price of $76.54 per share. The options relate to a grant under the company’s 2018 Omnibus Incentive Plan and had an expiration date of 8/20/2034 before exercise.

Were the recent SYSCO (SYY) insider trades under a Rule 10b5-1 plan?

Yes. The filing states that the option exercises and related sales on 8/21/2026 and the sale of 506 shares on 8/24/2026 were effected pursuant to a Rule 10b5-1 trading plan, and the Rule 10b5-1 checkbox is affirmed.

How many SYSCO (SYY) shares were withheld for taxes from Ronald L. Phillips’ RSUs?

The filing reports that 1,831 SYSCO common shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations. This is reflected as a code F transaction, a disposition for payment of tax liabilities using shares.

What is Ronald L. Phillips’ role at SYSCO (SYY) in this Form 4?

Ronald L. Phillips is identified as an officer of SYSCO CORP, serving as EVP and CHRO (Executive Vice President and Chief Human Resources Officer). The reported transactions relate to his holdings of SYSCO common stock and stock options.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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).
X
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*
Phillips Ronald L

(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)
EVP and CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
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 Stock08/21/2026M(1)7,350A$76.5445,999.664D
Common Stock08/21/2026S(1)7,350D$83.6138,649.664D
Common Stock08/21/2026F1,831(2)D$83.0636,818.664D
Common Stock08/24/2026S(3)506D$84.0936,312.664D
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
Stock Options (Right to buy)$76.5408/21/2026M(1)7,350 (4)08/20/2034Common Stock7,350$0(5)7,350D
Explanation of Responses:
1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
2. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
3. The sale was effected pursuant to a Rule 10b5-1 trading plan.
4. One-third of the shares covered by the grant vest and are exercisable on 8/21/2025, 8/21/2026 and 8/21/2027, respectively. No options may be exercised prior to 8/21/2025. Options will expire on 8/20/2034.
5. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact08/25/2026
** 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)