SYSCO (SYY) EVP Ronald L. Phillips trades options and stock under 10b5-1 plan
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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Insider Trade Summary 10b5-1
| 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 |
Footnotes (5)
- F1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.
- F2. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
- F3. The sale was effected pursuant to a Rule 10b5-1 trading plan.
- F4. Options are fully exercisable.
- F5. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
Stock Options (Right to buy) financial
2018 Omnibus Incentive Plan financial
tax withholding obligations financial
FAQ
What insider transactions did SYSCO (SYY) EVP Ronald L. Phillips report?
Were Ronald L. Phillips’ SYSCO (SYY) trades made under a Rule 10b5-1 plan?
At what prices did Ronald L. Phillips trade SYSCO (SYY) common stock?
What were the terms of the stock options exercised by the SYSCO (SYY) executive?
Is the August 11, 2026 SYSCO (SYY) stock sale by Ronald L. Phillips a market sale?
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