Sysco grants EVP 13,539 restricted stock units
EVP and CHRO Ronald L. Phillips received a 13,539-unit restricted stock award in SYSCO CORP, vesting annually from 2027 through 2029.
Rhea-AI Filing Summary
SYSCO CORP (symbol: SYY) is the issuer of record for a Form 4 filing submitted to the SEC. Phillips Ronald L reported acquisition or exercise transactions in this Form 4 filing.
SYSCO CORP (SYY) reported that executive officer Ronald L. Phillips, EVP and CHRO, received a grant of 13,539 restricted stock units of common stock on September 1, 2026 under the company’s 2018 Omnibus Incentive Plan. Following this award, he holds 49,851.664 shares of common stock directly.
According to the award terms, one-third of the restricted stock units will vest in equal installments on September 1, 2027, September 1, 2028, and September 1, 2029, subject to the plan conditions. No Rule 10b5-1 trading plan is reported for this transaction.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 13,539 | $0.00 | $0.00 |
Footnotes (2)
- 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.
- 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.
Key Figures
Key Terms
Restricted stock units financial
2018 Omnibus Incentive Plan financial
Compensation and Leadership Development Committee financial
vesting financial
FAQ
What insider transaction did SYSCO CORP (SYY) report for Ronald L. Phillips?
What are the vesting terms of the new restricted stock units at SYSCO (SYY)?
Under which plan were the SYSCO (SYY) restricted stock units granted to Ronald L. Phillips?
Was the SYSCO (SYY) insider transaction made under a Rule 10b5-1 plan?
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