Sysco SVP has 176 shares withheld for taxes
A Sysco senior vice president had a small number of shares withheld to cover taxes on vesting equity, leaving over twenty-three thousand shares held directly.
Rhea-AI Filing Summary
SYSCO CORP (SYY) reported that senior vice president Stephen Dale Higgs had 176 shares of common stock withheld on September 11, 2026 to pay tax withholding obligations arising from the vesting of restricted stock units. After this tax-withholding disposition, he holds 23,709.18 shares of Sysco common stock directly, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 176 shares
Tax Withholding
1 txn
Insider
Higgs Stephen Dale
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 176 | $82.31 | $14K |
Holdings After Transaction:
Common Stock — 23,709.18 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 taxes: 176 shares
Price per share for tax withholding: $82.31 per share
Shares held after transaction: 23,709.18 shares
3 metrics
Shares withheld for taxes
176 shares
Common stock withheld on September 11, 2026 to pay tax withholding obligations
Price per share for tax withholding
$82.31 per share
Valuation used for 176 shares withheld on September 11, 2026
Shares held after transaction
23,709.18 shares
Direct holdings of SYSCO common stock by Stephen Dale Higgs after the transaction
Key Terms
restricted stock units, tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 terms
restricted stock units financial
"upon the vesting of restricted stock units to pay tax withholding obligations"
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"
Payment of tax liability by delivering or withholding securities financial
"transaction is described as Payment of tax liability by delivering or withholding"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SYSCO CORP (SYY) report for Stephen Dale Higgs?
SYSCO CORP reported that senior vice president Stephen Dale Higgs had 176 shares of common stock withheld on September 11, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units.
Was the September 11, 2026 SYY insider transaction a sale on the open market?
No. The transaction for 176 shares of SYSCO CORP common stock was reported as shares withheld to pay tax withholding obligations upon vesting of restricted stock units, not as an open-market purchase or sale.
Was a Rule 10b5-1 trading plan involved in this SYY insider transaction?
No. The report indicates no Rule 10b5-1 trading plan for this transaction; the document-level trading plan checkbox is not marked as being pursuant to such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.