STOCK TITAN

SYSCO (SYY) EVP Ronald L. Phillips trades options and stock under 10b5-1 plan

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

SYSCO CORP executive Ronald L. Phillips, EVP and CHRO, reported multiple equity transactions under a Rule 10b5-1 trading plan. On 2026-08-10, he exercised 6,285 stock options at an exercise price of $73.53 per share into common stock and sold 6,285 shares at $83.94 per share. Also on that date, 953 shares of common stock were withheld to satisfy tax liabilities upon vesting of restricted stock units. On 2026-08-11, he sold an additional 367 shares of common stock at $83.39 per share, also pursuant to a Rule 10b5-1 plan. The options exercised were granted under the company’s 2018 Omnibus Incentive Plan and are reported as fully exercisable, with an expiration date in 2033.

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Insights

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Insider Phillips Ronald L
Role EVP and CHRO
Sold 6,652 shs ($558K)
Approx. gross sale proceeds $558K
Approx. exercise cost $462K
Type Security Shares Price Value
Sale Common Stock F3 367 $83.39 $31K
Exercise Stock Options (Right to buy) F1, F5, F4 6,285 $0.00 $0.00
Exercise Common Stock F1 6,285 $73.53 $462K
Sale Common Stock F1 6,285 $83.94 $528K
Tax Withholding Common Stock F2 953 $84.29 $80K
Holdings After Transaction: Stock Options (Right to buy) — 0 shares (Direct); Common Stock — 38,649.664 shares (Direct)
Footnotes (5)
  1. F1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
  2. F2. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
  3. F3. The sale was effected pursuant to a Rule 10b5-1 trading plan.
  4. F4. Options are fully exercisable.
  5. F5. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
Options Exercised 6,285 shares Stock options (right to buy) exercised on 2026-08-10
Option Exercise Price $73.53 per share Exercise price for 6,285 stock options
Shares Sold (Exercise-related) 6,285 shares Common stock sold on 2026-08-10 at $83.94 per share
Additional Shares Sold 367 shares Common stock sold on 2026-08-11 at $83.39 per share
Shares Withheld for Taxes 953 shares Common stock withheld to pay RSU tax obligations at $84.29 per share
Option Expiration Date 2033-08-09 Expiration for exercised stock options granted under 2018 Omnibus Incentive Plan
Rule 10b5-1 trading plan regulatory
"The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations."
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.
Stock Options (Right to buy) financial
"Stock Options (Right to buy) transaction reported as derivative security."
2018 Omnibus Incentive Plan financial
"Options granted by the ... Board of Directors pursuant to the 2018 Omnibus Incentive Plan."
tax withholding obligations financial
"shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations."

FAQ

What insider transactions did SYSCO (SYY) EVP Ronald L. Phillips report?

Ronald L. Phillips reported exercising 6,285 stock options and selling 6,652 common shares, plus 953 shares withheld for taxes on RSU vesting, in August 2026.

Were Ronald L. Phillips’ SYSCO (SYY) trades made under a Rule 10b5-1 plan?

Yes. The filing states the option exercises and related sales, and the August 11 sale, were effected pursuant to a Rule 10b5-1 trading plan.

At what prices did Ronald L. Phillips trade SYSCO (SYY) common stock?

He sold 6,285 shares at $83.94 per share and 367 shares at $83.39 per share. 953 shares at $84.29 per share were withheld to cover tax obligations.

What were the terms of the stock options exercised by the SYSCO (SYY) executive?

Phillips exercised 6,285 stock options with an exercise price of $73.53 per share, expiring on 2033-08-09. The options were reported as fully exercisable at the time of the transaction.

How many SYSCO (SYY) shares were withheld for taxes in this Form 4?

The Form 4 reports that 953 shares of common stock were withheld upon RSU vesting to pay tax withholding obligations, coded as a tax-related disposition.

Is the August 11, 2026 SYSCO (SYY) stock sale by Ronald L. Phillips a market sale?

Yes. The 367-share sale on 2026-08-11 is coded as a sale in open market or private transaction at $83.39 per share, under a Rule 10b5-1 plan.

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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).
X
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*
Phillips Ronald L

(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)
EVP and CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
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 Stock08/10/2026M(1)6,285A$73.5346,254.664D
Common Stock08/10/2026S(1)6,285D$83.9439,969.664D
Common Stock08/10/2026F953(2)D$84.2939,016.664D
Common Stock08/11/2026S(3)367D$83.3938,649.664D
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
Stock Options (Right to buy)$73.5308/10/2026M(1)6,285 (4)08/09/2033Common Stock6,285$0(5)0D
Explanation of Responses:
1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
2. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
3. The sale was effected pursuant to a Rule 10b5-1 trading plan.
4. Options are fully exercisable.
5. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact08/12/2026
** 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)