Sysco director granted 59 shares in fee election
SYSCO CORP director Daniel J. Brutto received 59 shares of common stock as a grant in lieu of part of his non‑employee director annual cash retainer.
Rhea-AI Filing Summary
SYSCO CORP director Daniel J. Brutto received 59 shares of common stock as a grant in lieu of part of his non‑employee director annual cash retainer. The award was valued at $83.40 per share under the company’s 2018 Omnibus Incentive Plan.
After this grant, Brutto directly holds 38,704.735 Sysco shares. This total includes 56.823 shares acquired earlier through automatic reinvestment of cash dividends that were inadvertently left out of a prior Form 4 and are now correctly reflected.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 59 | $83.40 | $5K |
Footnotes (2)
- F1. Represents shares elected to be received in lieu of a portion of non-employee director annual cash retainer fees pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan.
- F2. Includes an aggregate of 56.823 shares acquired pursuant to the automatic reinvestment of cash dividends in shares of Company common stock that were inadvertently omitted from the reporting person's prior Form 4. This filing correctly reflects the reporting person's holdings.
Key Figures
Key Terms
non-employee director annual cash retainer fees financial
2018 Omnibus Incentive Plan financial
automatic reinvestment of cash dividends financial
Form 4 regulatory
FAQ
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What did Sysco (SYY) director Daniel J. Brutto report on this Form 4?
What are Daniel J. Brutto’s total Sysco (SYY) holdings after this Form 4?
What does the dividend reinvestment footnote mean in this Sysco (SYY) Form 4?
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