STOCK TITAN

Sysco Corp (NYSE: SYY) SVP gets stock award; shares withheld for taxes

(Moderate)
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Higgs Stephen Dale
Role SVP
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
Holdings After Transaction: Common Stock — 10,062.18 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Shares granted 3,290.375 shares Common stock received July 31, 2026 upon vesting of performance share units
Shares withheld for taxes 1,296 shares Withheld upon vesting of performance share units to pay tax withholding obligations
Reference share value $84.71 per share Value used for both the vested shares and tax withholding shares
Performance period Fiscal 2024 to fiscal 2026 Period over which financial metrics determined performance share unit vesting
Grant timing August 2023 Month when the performance share units were granted by the Committee
performance share units financial
"Shares received upon the vesting of performance share units granted by the Compensation"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
2018 Omnibus Incentive Plan financial
"pursuant to the 2018 Omnibus Incentive Plan. These performance share units were"
tax withholding obligations financial
"These shares were withheld upon the vesting of performance share units to pay tax withholding obligations."

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

FAQ

What insider equity transaction did Sysco (SYY) report for Stephen Dale Higgs?

Sysco (SYY) reported that SVP Stephen Dale Higgs received 3,290.375 shares of common stock on July 31, 2026 from vesting performance share units. The award came under Sysco’s 2018 Omnibus Incentive Plan and reflects performance over the fiscal 2024–2026 measurement period.

How many Sysco (SYY) shares were withheld for taxes in this Form 4?

In this filing, 1,296 shares of Sysco common stock were withheld on July 31, 2026. The footnote states these shares were withheld upon vesting of performance share units to pay tax withholding obligations, using a value of $84.71 per share.

What plan governed the Sysco (SYY) performance share units that vested for Stephen Dale Higgs?

The performance share units that vested for Stephen Dale Higgs were granted under Sysco’s 2018 Omnibus Incentive Plan. They were originally granted in August 2023, with payout based on pre-established financial performance metrics over fiscal years 2024 to 2026.

Were the Sysco (SYY) insider transactions reported as part of a Rule 10b5-1 plan?

No. The Form 4 indicates the transactions were not made under a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is explicitly unchecked, so the award and tax withholding are not described as pre-arranged trading plan sales.

Does the Sysco (SYY) Form 4 show market purchases or sales by Stephen Dale Higgs?

The Form 4 shows no open-market buys or sells. It reports an acquired stock award from vesting performance share units and a related tax-withholding disposition of 1,296 shares, rather than discretionary trading in Sysco common stock.
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).
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*
Higgs Stephen Dale

(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)
SVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
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 Stock07/31/2026A3,290.375(1)A$84.7111,358.18D
Common Stock07/31/2026F1,296(2)D$84.7110,062.18D
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
Explanation of Responses:
1. 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.
2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact08/04/2026
** 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)