Sysco Corp (NYSE: SYY) interim CFO reports 79-share tax withholding on RSU vesting
Rhea-AI Filing Summary
SYSCO CORP interim CFO Brandon Elliot Sewell reported a routine tax-related share disposition. On 2026-08-10, 79 shares of Common Stock were withheld at $84.29 per share upon the vesting of restricted stock units to cover tax withholding obligations, leaving 4,757.425 shares held directly.
Positive
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Insider Trade Summary
Net Seller: 79 shares
Net Sell
1 txn
Insider
Sewell Brandon Elliot
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 79 | $84.29 | $7K |
Holdings After Transaction:
Common Stock — 4,757.425 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: 79 shares
Per-share value: $84.29 per share
Shares held after transaction: 4,757.425 shares
3 metrics
Shares withheld for taxes
79 shares
Shares of Common Stock withheld on 2026-08-10 for tax withholding obligations
Per-share value
$84.29 per share
Value used for the 79 withheld shares of Common Stock
Shares held after transaction
4,757.425 shares
Directly owned SYSCO CORP Common Stock after the tax-withholding transaction
Key Terms
restricted stock units, tax withholding obligations, withheld upon the vesting
3 terms
restricted stock units financial
"These shares were withheld upon the vesting of restricted stock units to pay tax"
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
"withheld upon the vesting of restricted stock units to pay tax withholding obligations"
withheld upon the vesting financial
"These shares were withheld upon the vesting of restricted stock units to pay tax"
FAQ
What did SYSCO CORP (SYY) interim CFO Brandon Elliot Sewell report in this Form 4?
He reported that 79 shares of SYSCO CORP Common Stock were withheld on 2026-08-10 to cover tax withholding obligations arising from the vesting of restricted stock units, a routine non-open-market transaction.
Was the Form 4 transaction for SYSCO CORP (SYY) an open-market sale?
No. The Form 4 shows a Code F transaction, meaning shares were withheld to pay tax withholding obligations upon RSU vesting, rather than an open-market sale initiated by the insider.
What does transaction code F mean in the SYSCO CORP (SYY) Form 4?
Code F indicates payment of tax liability by delivering or withholding securities. Here, shares were withheld upon RSU vesting to satisfy tax withholding obligations, not sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.