STOCK TITAN

Sysco (NYSE: SYY) SVP uses 970 shares to cover taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SYSCO CORP (SYY) reported an insider transaction by Senior Vice President Stephen Dale Higgs. On 2026-08-21, 970 shares of Common Stock were withheld at $83.06 per share to cover tax withholding obligations upon the vesting of restricted stock units. After this withholding, Higgs directly held 8,782.18 shares of SYSCO common stock.

Positive

  • None.

Negative

  • None.
Insider Higgs Stephen Dale
Role SVP
Type Security Shares Price Value
Tax Withholding Common Stock F1 970 $83.06 $81K
Holdings After Transaction: Common Stock — 8,782.18 shares (Direct)
Footnotes (1)
  1. F1. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
Shares withheld for tax 970 shares Common Stock withheld on 2026-08-21 to pay tax withholding obligations
Price per share $83.06 per share Valuation used for the 970 shares withheld for tax on 2026-08-21
Shares held after transaction 8,782.18 shares Direct ownership of SYSCO CORP common stock by Stephen Dale Higgs after withholding
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
"shares were withheld upon the vesting of restricted stock units to pay tax"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or withholding"

FAQ

What insider transaction did SYY report for Stephen Dale Higgs?

SYSCO CORP reported that SVP Stephen Dale Higgs had 970 shares of common stock withheld on 2026-08-21 to satisfy tax withholding obligations related to vesting restricted stock units, at a price of $83.06 per share.

Was the recent SYY Form 4 a market sale or tax withholding?

The Form 4 for SYY reports a tax-withholding disposition. Code F indicates payment of tax liability by delivering or withholding securities, and the footnote explains the 970 shares were withheld upon RSU vesting to cover tax obligations.

How many SYSCO (SYY) shares does Stephen Dale Higgs hold after this transaction?

Following the 970-share tax-withholding transaction, Stephen Dale Higgs directly holds 8,782.18 shares of SYSCO CORP common stock, as reported in the Form 4.

What was the reported price per share for the SYY insider tax withholding?

The Form 4 reports that the 970 shares withheld for tax purposes were valued at $83.06 per share, corresponding to SYSCO CORP common stock on the transaction date of 2026-08-21.

Does the SYY Form 4 indicate trading under a Rule 10b5-1 plan?

No. The Form 4 data indicate the Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnote describes the event only as shares withheld for tax withholding obligations upon RSU vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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).
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*
Higgs Stephen Dale

(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)
SVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
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 Stock08/21/2026F970(1)D$83.068,782.18D
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
Explanation of Responses:
1. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact08/25/2026
** 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)