Sysco (NYSE: SYY) EVP has 1,105 shares withheld to pay taxes
Rhea-AI Filing Summary
SYSCO CORP (SYY) reported an insider equity transaction by EVP Gregory Scott Keller. On 2026-08-21, 1,105 shares of common stock were disposed of at $83.06 per share to satisfy tax withholding obligations upon the vesting of restricted stock units. After this withholding transaction, Keller directly holds 21,503.809 shares of Sysco common stock. This was a tax-related share withholding (code F), not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,105 shares
Net Sell
1 txn
Insider
Keller Gregory Scott
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,105 | $83.06 | $92K |
Holdings After Transaction:
Common Stock — 21,503.809 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: 1,105 shares
Transaction price per share: $83.06 per share
Shares owned after transaction: 21,503.809 shares
+1 more
4 metrics
Shares withheld for taxes
1,105 shares
Shares withheld on 2026-08-21 to pay tax withholding obligations upon RSU vesting
Transaction price per share
$83.06 per share
Value used for the code F tax-withholding disposition on 2026-08-21
Shares owned after transaction
21,503.809 shares
Common stock directly owned by Gregory Scott Keller following the reported transaction
Code F shares in this filing
1,105 shares
Total shares involved in payment of tax liability by delivering or withholding securities
Key Terms
restricted stock units, tax withholding obligations, Payment of tax liability by delivering or withholding securities
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
"withheld upon the vesting of restricted stock units to pay tax withholding"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of tax liability by delivering or"
FAQ
What insider transaction did SYSCO CORP (SYY) disclose for EVP Gregory Scott Keller?
EVP Gregory Scott Keller had 1,105 shares of SYSCO CORP common stock withheld on 2026-08-21 to cover tax withholding obligations upon the vesting of restricted stock units. This was reported as a Form 4 code F transaction, not an open-market trade.
Was the SYSCO CORP (SYY) Form 4 transaction by Gregory Scott Keller an open-market sale?
No. The Form 4 shows a code F transaction and a footnote stating the 1,105 shares were withheld upon RSU vesting to pay tax withholding obligations. This indicates a tax-related share withholding rather than an open-market sale.
Does the SYSCO CORP (SYY) Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), and the footnote describes only tax withholding upon RSU vesting. The transaction is reported as a routine tax-liability share withholding event.
AI-generated analysis. How Rhea-AI works. Not financial advice.