Sysco Corp SVP reports stock award vesting
Sysco Corp senior vice president Stephen Dale Higgs reported equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Sysco Corp senior vice president Stephen Dale Higgs reported equity compensation activity. On July 31, 2026 he received 3,290.375 shares of common stock upon vesting of performance share units granted in August 2023 under the 2018 Omnibus Incentive Plan, based on fiscal 2024–2026 financial metrics. On the same date, 1,296 shares were withheld at $84.71 per share to satisfy tax withholding obligations related to this vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,290.375 | $84.71 | $279K |
| Tax Withholding | Common Stock F2 | 1,296 | $84.71 | $110K |
Footnotes (2)
- F1. Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2018 Omnibus Incentive Plan. These performance share units were granted by the Committee in August 2023. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2024 to fiscal 2026.
- F2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Key Figures
Key Terms
2018 Omnibus Incentive Plan financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transaction did Sysco (SYY) report for Stephen Dale Higgs?
Were the Sysco (SYY) insider transactions reported as part of a Rule 10b5-1 plan?
Does the Sysco (SYY) Form 4 show market purchases or sales by Stephen Dale Higgs?
AI-generated analysis. How Rhea-AI works. Not financial advice.