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Sysco (NYSE: SYY) EVP logs share vesting and tax withholding event

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SYSCO CORP EVP and CHRO Ronald L. Phillips reported the vesting of 6,435.433 shares of common stock on 2026-07-31, received from performance share units granted under the 2018 Omnibus Incentive Plan based on fiscal 2024–2026 performance metrics. 2,534 shares were withheld at $84.71 per share to satisfy tax withholding obligations.

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Insider Phillips Ronald L
Role EVP and CHRO
Type Security Shares Price Value
Grant/Award Common Stock F1 6,435.433 $84.71 $545K
Tax Withholding Common Stock F2 2,534 $84.71 $215K
Holdings After Transaction: Common Stock — 39,969.664 shares (Direct)
Footnotes (2)
  1. F1. Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2018 Omnibus Incentive Plan. These performance share units were granted by the Committee in August 2023. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2024 to fiscal 2026.
  2. F2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Shares acquired on vesting 6435.4330 shares Common stock received from performance share units on 2026-07-31
Shares withheld for taxes 2534.0000 shares Common stock withheld on 2026-07-31 to pay tax withholding obligations
Per-share valuation $84.7100 per share Applied to both vested and withheld shares in the reported transactions
performance share units financial
"Shares received upon the vesting of performance share units granted by the..."
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
2018 Omnibus Incentive Plan financial
"granted by the Committee pursuant to the 2018 Omnibus Incentive Plan."
pre-established financial performance metrics financial
"determined based upon the Company's performance with regard to pre-established financial performance metrics..."
tax withholding obligations financial
"These shares were withheld upon the vesting of performance share units to pay tax withholding obligations."

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FAQ

Who is the insider in the SYSCO CORP (SYY) Form 4 and what is their role?

The Form 4 reports transactions by Ronald L. Phillips, who serves as SYSCO CORP’s EVP and CHRO. He reported vesting of performance share units into common stock and a related share withholding to cover tax obligations.

How many Sysco (SYY) shares vested for Ronald L. Phillips in this Form 4?

Ronald L. Phillips received 6,435.433 shares of SYSCO CORP common stock upon vesting of performance share units on 2026-07-31. These units were originally granted in August 2023 and were tied to fiscal 2024–2026 financial performance metrics.

What shares were withheld for taxes in the SYSCO CORP (SYY) Form 4 filing?

The filing shows that 2,534 shares of SYSCO CORP common stock were withheld when the performance share units vested. According to the disclosure, these shares were used to satisfy tax withholding obligations related to the vesting event.

At what price were the Sysco (SYY) Form 4 transactions valued?

Both the vested and withheld SYSCO CORP shares were valued at $84.71 per share. This per-share value applies to the 6,435.433 shares that vested and the 2,534 shares withheld to cover the insider’s tax obligations on the vesting.

What incentive plan governs the performance share units in the SYSCO CORP (SYY) Form 4?

The performance share units that vested into SYSCO CORP stock were granted under the company’s 2018 Omnibus Incentive Plan. They were awarded by the Board’s Compensation and Leadership Development Committee and were tied to pre-established financial performance metrics for fiscal 2024–2026.

When were the performance share units in the SYSCO CORP (SYY) Form 4 originally granted?

The performance share units that vested on 2026-07-31 were originally granted in August 2023. Their payout was determined by SYSCO CORP’s results against pre-established financial performance metrics over the performance period from fiscal 2024 through fiscal 2026.
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*
Phillips Ronald L

(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)
EVP and CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
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 Stock07/31/2026A6,435.433(1)A$84.7142,503.664D
Common Stock07/31/2026F2,534(2)D$84.7139,969.664D
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. Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2018 Omnibus Incentive Plan. These performance share units were granted by the Committee in August 2023. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2024 to fiscal 2026.
2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact08/04/2026
** 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)