Sysco (NYSE: SYY) legal chief now holds 13,651 shares after tax move
Rhea-AI Filing Summary
SYSCO CORP (SYY) reported an insider equity transaction by Jennifer Kaplan Schott, EVP and Chief Legal Officer. On 2026-08-21, 665 shares of common stock were disposed of under a tax-withholding arrangement at $83.06 per share. The shares were withheld upon vesting of restricted stock units to cover tax obligations, and she now holds 13,651 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 665 shares
Net Sell
1 txn
Insider
Schott Jennifer Kaplan
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 665 | $83.06 | $55K |
Holdings After Transaction:
Common Stock — 13,651 shares (Direct)
Footnotes (1)
- F1. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
Key Figures
Shares withheld for taxes: 665 shares
Reported transaction price: $83.06 per share
Shares owned after transaction: 13,651 shares
+1 more
4 metrics
Shares withheld for taxes
665 shares
Common stock withheld on 2026-08-21 to pay tax withholding obligations
Reported transaction price
$83.06 per share
Price applied to the 665 shares withheld for tax obligations
Shares owned after transaction
13,651 shares
Direct ownership of common stock following the 2026-08-21 transaction
Code F shares
665 shares
Shares used for payment of tax liability by delivering or withholding securities
Key Terms
restricted stock units, tax withholding obligations, Code F
3 terms
restricted stock units financial
"These shares were withheld upon the vesting of restricted stock units to pay"
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.
tax withholding obligations financial
"vesting of restricted stock units to pay tax withholding obligations"
Code F regulatory
"transaction_code "F" and described as payment of tax liability"
FAQ
Who from SYSCO CORP (SYY) reported a transaction in this Form 4?
The reporting person is Jennifer Kaplan Schott, who serves as EVP, Chief Legal Officer of SYSCO CORP. She reported one transaction involving common stock tied to restricted stock unit vesting and related tax withholding.
What type of transaction did the SYSCO (SYY) executive report?
The executive reported a Code F transaction, described as payment of tax liability by delivering or withholding securities. Shares were withheld in connection with the vesting of restricted stock units to satisfy tax withholding obligations, rather than an open-market sale.
Was the SYSCO (SYY) Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not selected, and there is no footnote stating that the transaction was effected pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.