SYSCO (NYSE: SYY) SVP logs RSU vesting, share exercise and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SYSCO CORP senior vice president Stephen Dale Higgs reported routine equity compensation activity involving restricted share units (RSUs). On May 1, 2026, he acquired 220 shares of Common Stock through an exercise or conversion of derivative securities related to RSUs granted in April 2023 under the 2018 Omnibus Incentive Plan. On the same date, 87 shares were disposed of and withheld to cover tax withholding obligations upon RSU vesting, rather than being sold in the open market. After these transactions, he held 8,154.805 shares of SYSCO common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Higgs Stephen Dale
Role
SVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 220 | $74.71 | $16K |
| Tax Withholding | Common Stock | 87 | $74.71 | $6K |
Holdings After Transaction:
Common Stock — 8,154.805 shares (Direct, null)
Footnotes (1)
- Shares received upon the vesting of restricted share units ("RSUs") 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 RSUs were granted by the Committee in April 2023. These shares were withheld upon the vesting of RSUs to pay tax withholding obligations.
Key Figures
RSU-related shares acquired: 220 shares
Shares withheld for taxes: 87 shares
Post-transaction holdings: 8,154.805 shares
+1 more
4 metrics
RSU-related shares acquired
220 shares
Common Stock acquired via derivative exercise on May 1, 2026
Shares withheld for taxes
87 shares
Withheld upon RSU vesting to cover tax obligations
Post-transaction holdings
8,154.805 shares
Direct SYSCO common stock held after reported transactions
Transaction date
May 1, 2026
Date of both RSU-related transactions reported
Key Terms
restricted share units ("RSUs"), 2018 Omnibus Incentive Plan, tax withholding obligations, derivative exercise/conversion
4 terms
2018 Omnibus Incentive Plan financial
"granted by the Compensation and Leadership Development Committee... pursuant to the 2018 Omnibus Incentive Plan."
tax withholding obligations financial
"These shares were withheld upon the vesting of RSUs to pay tax withholding obligations."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transactions did SYSCO (SYY) SVP Stephen Dale Higgs report?
Stephen Dale Higgs reported equity compensation activity involving RSUs. He acquired 220 shares of SYSCO common stock through a derivative exercise and had 87 shares withheld to cover tax obligations upon vesting, resulting in updated direct holdings reported in the filing.
What are Stephen Dale Higgs’s reported SYSCO (SYY) holdings after these transactions?
Following the reported RSU vesting, derivative exercise, and associated tax withholding, Stephen Dale Higgs’s direct holdings in SYSCO common stock were reported as 8,154.805 shares in the latest transaction line of the Form 4.
What plan governed the RSUs in Stephen Dale Higgs’s SYSCO (SYY) Form 4?
The restricted share units were granted under SYSCO’s 2018 Omnibus Incentive Plan. The filing notes that the Compensation and Leadership Development Committee of the Board granted these RSUs in April 2023, and they vested leading to the reported transactions.