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SYY Form 4: Greg Bertrand Withholds 247 Shares at $80.19 for Taxes

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

SYSCO CORP (SYY) reporting person Greg D. Bertrand, an Executive Vice President, recorded a disposition of common stock on 09/11/2025. The Form 4 shows 247 shares were disposed (transaction code F) at a price of $80.19 each. After the reported transaction, Mr. Bertrand beneficially owned 69,853.43 shares (direct ownership). The filing explains these shares were withheld upon the vesting of restricted stock units to satisfy tax withholding obligations. The Form 4 is signed on behalf of the reporting person by an attorney-in-fact, Boyd Chapin, dated 09/12/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider withheld 247 shares from vested RSUs to cover taxes; small disposition, appears administrative and routine.

The Form 4 documents a routine disposition under transaction code F tied to tax withholding on restricted stock unit vesting. The number of shares (247) and the post-transaction beneficial ownership (69,853.43 shares) indicate this was an administrative action rather than an open-market sale. The reported price of $80.19 likely reflects the per-share value used for withholding. For investors, this filing signals ordinary equity compensation mechanics and does not by itself imply a change in insider conviction.

TL;DR: Filing reflects standard compliance and tax-related withholding on vested RSUs; signature by attorney-in-fact is acceptable practice.

The disclosure notes the shares were withheld to satisfy tax obligations upon vesting of restricted stock units, a common practice among public companies. The Form 4 was executed via an attorney-in-fact, which is permissible when properly authorized. There is no indication of unusual timing or large-scale divestiture based on the disclosed amounts and the stated purpose.

SEC Form 4
FORM 4 UNITED 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*
Bertrand Greg D

(Last) (First) (Middle)
1390 ENCLAVE PARKWAY

(Street)
HOUSTON TX 77077

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SYSCO CORP [ SYY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP
3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 09/11/2025 F 247(1) D $80.19 69,853.43 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact 09/12/2025
** Signature of Reporting Person Date
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.

FAQ

What did the Form 4 filed for SYSCO CORP (SYY) disclose?

The Form 4 discloses that reporting person Greg D. Bertrand disposed of 247 shares on 09/11/2025 at $80.19 per share, resulting from withholding on vested restricted stock units.

Why were the 247 shares disposed according to the filing?

The filing states the shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

How many shares did Greg D. Bertrand beneficially own after the transaction?

After the reported transaction he beneficially owned 69,853.43 shares (reported as direct ownership).

What transaction code and date are shown on the Form 4 for SYY?

The transaction is coded F and dated 09/11/2025.

Who signed the Form 4 and when?

The Form 4 was signed on behalf of the reporting person by Boyd Chapin, Attorney-in-Fact on 09/12/2025.
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