Sysco (NYSE: SYY) director takes 329 shares instead of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dibadj Ali reported acquisition or exercise transactions in this Form 4 filing.
Sysco Corporation director Ali Dibadj received a grant of 329 shares of common stock on June 30, 2026. The shares were elected in lieu of a portion of his non-employee director annual cash retainer fees under Sysco's 2018 Omnibus Incentive Plan at a reference price of $83.40 per share.
Following this compensation-related award, Dibadj directly holds 16,981 Sysco common shares. This is an equity-based form of director compensation rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dibadj Ali
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 329 | $83.40 | $27K |
Holdings After Transaction:
Common Stock — 16,981 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 329 shares
Reference price per share: $83.40 per share
Shares owned after grant: 16,981 shares
3 metrics
Shares granted
329 shares
Common stock grant in lieu of cash retainer on June 30, 2026
Reference price per share
$83.40 per share
Value used for the 329-share director grant
Shares owned after grant
16,981 shares
Ali Dibadj direct Sysco common stock holdings post-transaction
Key Terms
non-employee director, annual cash retainer fees, 2018 Omnibus Incentive Plan
3 terms
non-employee director financial
"Represents shares elected to be received in lieu of a portion of non-employee director annual cash retainer fees"
annual cash retainer fees financial
"elected to be received in lieu of a portion of non-employee director annual cash retainer fees"
2018 Omnibus Incentive Plan financial
"pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan"
FAQ
What did Sysco (SYY) director Ali Dibadj report in this Form 4?
Ali Dibadj reported receiving 329 Sysco common shares as a grant. The shares were taken instead of part of his annual cash retainer, reflecting stock-based director compensation under Sysco's 2018 Omnibus Incentive Plan rather than an open-market purchase.
Was the Sysco (SYY) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation grant, not an open-market purchase. Code "A" indicates an award, and a footnote explains the 329 shares were elected in lieu of a portion of non-employee director annual cash retainer fees under Sysco's 2018 Omnibus Incentive Plan.
How was Sysco (SYY) director compensation structured in this reported Form 4 event?
Part of the director’s annual cash retainer was paid in stock instead of cash. Ali Dibadj elected to receive 329 Sysco shares, valued at $83.40 per share, pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan, increasing his direct ownership to 16,981 shares.