Sysco Corp (NYSE: SYY) CEO gains 36,855 shares, 14,503 withheld for taxes
Rhea-AI Filing Summary
Sysco Corp Chair and CEO Kevin Hourican reported equity compensation activity on July 31, 2026. He acquired 36,855.3400 shares of common stock upon vesting of performance share units granted under the 2018 Omnibus Incentive Plan, based on fiscal 2024–2026 performance metrics. 14,503.0000 shares were withheld at $84.7100 per share to cover tax obligations.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 22,352.34 shares
Net Buy
2 txns
Insider
Hourican Kevin
Role
Chair and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 36,855.34 | $84.71 | $3.12M |
| Tax Withholding | Common Stock F2 | 14,503 | $84.71 | $1.23M |
Holdings After Transaction:
Common Stock — 487,447.393 shares (Direct)
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
Shares acquired from PSU vesting: 36,855.3400 shares
Shares withheld for taxes: 14,503.0000 shares
Per-share value for tax withholding: $84.7100 per share
+1 more
4 metrics
Shares acquired from PSU vesting
36,855.3400 shares
Common stock received on 2026-07-31 upon vesting of performance share units
Shares withheld for taxes
14,503.0000 shares
Shares withheld on 2026-07-31 to pay tax withholding obligations
Per-share value for tax withholding
$84.7100 per share
Value applied in both acquisition and tax-withholding transactions
Performance period
fiscal 2024 to fiscal 2026
Period whose financial metrics determined PSU vesting outcome
Key Terms
performance share units, 2018 Omnibus Incentive Plan, tax withholding obligations, Compensation and Leadership Development Committee
4 terms
2018 Omnibus Incentive Plan financial
"pursuant to the 2018 Omnibus Incentive Plan"
tax withholding obligations financial
"shares were withheld upon the vesting of performance share units to pay tax withholding obligations"
Compensation and Leadership Development Committee financial
"granted by the Compensation and Leadership Development Committee of the Company's Board"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sysco (SYY) CEO Kevin Hourican report?
Kevin Hourican reported vesting of performance share units on July 31, 2026. He acquired 36,855.3400 Sysco common shares, with a portion withheld to satisfy tax obligations, reflecting equity compensation rather than an open-market stock purchase or sale.