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Sysco grants SVP 15,103 restricted stock units

SYSCO’s senior vice president received time-vested restricted stock unit awards as long-term equity compensation.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SYSCO CORP (symbol: SYY) is the issuer of record for a Form 4 filing submitted to the SEC. Higgs Stephen Dale reported acquisition or exercise transactions in this Form 4 filing.

SYSCO CORP (SYY) reported that Senior Vice President Stephen Dale Higgs received two equity compensation grants on September 1, 2026. He was awarded 9,062 and 6,041 restricted stock units representing SYSCO common stock under the 2018 Omnibus Incentive Plan, with one-third of each grant scheduled to vest on September 1, 2027, 2028 and 2029.

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Insider Higgs Stephen Dale
Role SVP
Type Security Shares Price Value
Grant/Award Common Stock F1, F2 9,062 $0.00 $0.00
Grant/Award Common Stock F1, F2 6,041 $0.00 $0.00
Holdings After Transaction: Common Stock — 23,885.18 shares (Direct)
Footnotes (2)
  1. F1. Restricted stock units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
  2. F2. One-third of the restricted stock units shall vest in equal installments on 09/01/2027, 09/01/2028 and 09/01/2029, respectively.
Restricted stock units granted (first award) 9,062 units Grant of restricted stock units on September 1, 2026
Restricted stock units granted (second award) 6,041 units Grant of restricted stock units on September 1, 2026
Total restricted stock units granted 15,103 units Sum of both September 1, 2026 awards
Price per unit $0.00 per unit Reported transaction price per share for both awards
Vesting schedule 1/3 on 2027-09-01, 1/3 on 2028-09-01, 1/3 on 2029-09-01 Time-based vesting of restricted stock units
Restricted stock units financial
"Restricted stock units granted by the Compensation and Leadership Development Committee"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2018 Omnibus Incentive Plan financial
"pursuant to the 2018 Omnibus Incentive Plan"
vest financial
"restricted stock units shall vest in equal installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

What equity awards did SYSCO (SYY) grant to SVP Stephen Dale Higgs on September 1, 2026?

On September 1, 2026, SVP Stephen Dale Higgs received two grants totaling 15,103 restricted stock units (9,062 and 6,041 units) representing SYSCO common stock as awards under the 2018 Omnibus Incentive Plan.

How do the new restricted stock units for SYSCO’s SVP vest?

The filing states that one-third of the restricted stock units will vest in equal installments on September 1, 2027, September 1, 2028, and September 1, 2029, respectively.

Did SYSCO’s SVP pay a price per share for the September 1, 2026 awards?

The reported transaction price per share is $0.00 for both awards, indicating these restricted stock units were granted as compensation rather than purchased in an open-market transaction.

Are the SYSCO (SYY) restricted stock unit grants to the SVP subject to a plan?

Yes. The restricted stock units were granted pursuant to SYSCO’s 2018 Omnibus Incentive Plan, as approved and administered by the Compensation and Leadership Development Committee of the Board of Directors.

Were the SYSCO SVP’s September 1, 2026 transactions under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not state that these grants were made pursuant to a Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Higgs Stephen Dale

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

(Street)
HOUSTON TEXAS 77077

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SYSCO CORP [ SYY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026A9,062(1)A$0(2)17,844.18D
Common Stock09/01/2026A6,041(1)A$0(2)23,885.18D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
2. One-third of the restricted stock units shall vest in equal installments on 09/01/2027, 09/01/2028 and 09/01/2029, respectively.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact09/03/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)