Sysco HR chief sells 7,350 shares at $83.61
SYSCO CORP (SYY) executive Ronald L. Phillips, EVP and CHRO, reported multiple equity transactions.
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.
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Insights
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Insider Trade Summary 10b5-1
| 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 |
Footnotes (5)
- F1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
- F2. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
- F3. The sale was effected pursuant to a Rule 10b5-1 trading plan.
- 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.
- F5. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
tax withholding obligations financial
2018 Omnibus Incentive Plan financial
Stock Options (Right to buy) financial
FAQ
What insider transactions did SYSCO (SYY) report for Ronald L. Phillips?
What options did Ronald L. Phillips exercise in SYSCO (SYY)?
Were the recent SYSCO (SYY) insider trades under a Rule 10b5-1 plan?
What is Ronald L. Phillips’ role at SYSCO (SYY) in this Form 4?
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