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SYY Form 4: Director Paul Kenney Receives 100 Shares Under Equity Plan

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

Rhea-AI Filing Summary

Paul Alison Kenney, a Sysco Corp (SYY) director, acquired 100 shares of common stock on 09/30/2025 at $81.84 per share by electing to receive shares in lieu of a portion of his non-employee director cash retainer under the Sysco Corporation 2018 Omnibus Incentive Plan. After this transaction he beneficially owned 9,764 shares, held directly. The filing was signed by an attorney-in-fact on 09/30/2025 and reports a routine director equity election rather than a market purchase or sale.

Positive

  • Director accepted equity compensation, aligning his pay with long-term shareholder interests by electing shares in lieu of cash.

Negative

  • None.

Insights

TL;DR: Director elected stock in lieu of cash, modestly increasing direct holdings and aligning pay with shareholder value.

This Form 4 documents a routine compensation election under the company equity plan. The acquisition of 100 shares at $81.84 is modest relative to typical institutional holdings and does not indicate a change in corporate control or a material shift in insider conviction. It is, however, a standard governance signal that the director is taking compensation in equity, which modestly aligns interests with shareholders.

TL;DR: Transaction is immaterial to Sysco's valuation; it is a routine director compensation election.

The Form 4 shows an internal compensation settlement rather than an open-market trade. The reported price of $81.84 reflects the per-share value used for the election and results in a direct beneficial holding of 9,764 shares. This activity is unlikely to affect trading or signaling materially given its small size.

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).
1. Name and Address of Reporting Person*
Paul Alison Kenney

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
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 09/30/2025 A 100(1) A $81.84 9,764 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. 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.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact 09/30/2025
** 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 SYY director Paul Alison Kenney do on 09/30/2025?

He acquired 100 shares of Sysco common stock by electing to receive shares instead of a portion of his non-employee director cash retainer.

At what price were the SYY shares reported on the Form 4?

$81.84 per share was the price used for the reported transaction.

How many SYY shares does Paul Alison Kenney beneficially own after the transaction?

9,764 shares beneficially owned following the reported transaction.

Under which plan were the shares issued to the SYY director?

Sysco Corporation 2018 Omnibus Incentive Plan was used for the election to receive shares in lieu of cash.

Was this Form 4 filing an individual or joint filing?

Form filed by one reporting person was checked on the filing.
Sysco

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