Sysco CEO has 12,796 shares withheld for taxes
SYSCO CORP (SYY) reported an insider transaction by Chair and CEO Kevin Hourican.
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Rhea-AI Filing Summary
SYSCO CORP (SYY) reported an insider transaction by Chair and CEO Kevin Hourican. On August 21, 2026, 12,796 shares of common stock were withheld at $83.06 per share to satisfy tax withholding obligations upon the vesting of restricted stock units, rather than being sold in the open market. After this tax-withholding event, Hourican held 468,342.393 shares of Sysco common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 12,796 | $83.06 | $1.06M |
Footnotes (1)
- F1. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Payment of tax liability by delivering or withholding securities financial
FAQ
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What insider transaction did SYSCO CORP (SYY) report for Kevin Hourican?
Was the SYY insider transaction executed under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.