SYY Insider: 7,351 Options Exercised and Shares Sold Under 10b5-1

Rhea-AI Filing Summary

Sysco Corporation executive Ronald L. Phillips executed and sold equity on 09/02/2025 under a Rule 10b5-1 plan. He exercised 7,351 stock options with a $76.54 exercise price and immediately sold 7,351 shares at $81.00, leaving him with 41,837.397 shares after the sale. Additionally, 336 shares were withheld to cover taxes on vested restricted stock units, reducing his post-transaction beneficial ownership to 41,501.397 shares. The reporting form is a routine Section 16 disclosure documenting option exercise, an affiliated sale, and tax withholding; it does not provide operational or financial performance details.

Insights

Securities Analyst

TL;DR: Insider exercised options and sold shares under a pre-established 10b5-1 plan, with modest remaining ownership.

The filing shows an executive exercise of 7,351 options at $76.54 and an immediate sale of 7,351 shares at $81.00 under a Rule 10b5-1 plan, indicating these transactions were pre-planned and not opportunistic trades disclosed outside a plan. Withholding of 336 shares to satisfy tax obligations on RSU vesting is standard. From an investor-disclosure perspective, this is a routine liquidity event rather than a company performance signal; materiality depends on the insider's total holdings and broader trading patterns.

Corporate Governance Expert

TL;DR: Transaction appears compliant and properly disclosed under Section 16 and Rule 10b5-1.

The Form 4 documents exercise, sale, and tax-withholding with explicit explanation that trades were effected pursuant to a 10b5-1 plan and that options are fully exercisable. The signature is by an attorney-in-fact, which is acceptable under filing rules. There are no indications in the filing of unusual timing or undisclosed derivative positions beyond the exercised options and resulting common stock holdings.

Insider Trade Summary

Net Seller: 7,351 shares ($595,431)

Net Sell 4 txns

Insider Phillips Ronald L

Role EVP and CHRO

Sold 7,351 shs ($595K)

Type	Security	Shares	Price	Value
Exercise	Stock Options (Right to buy)	7,351	$0.00	--
Exercise	Common Stock	7,351	$76.54	$563K
Sale	Common Stock	7,351	$81.00	$595K
Tax Withholding	Common Stock	336	$80.47	$27K

Holdings After Transaction: Stock Options (Right to buy) — 14,700 shares (Direct); Common Stock — 49,188.397 shares (Direct)

Footnotes (1)

1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations. Options are fully exercisable. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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 TX 77077

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SYSCO CORP [ SYY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and CHRO

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/02/2025		M(1)		7,351	A	$76.54	49,188.397	D
Common Stock	09/02/2025		S(1)		7,351	D	$81	41,837.397	D
Common Stock	09/02/2025		F		336(2)	D	$80.47	41,501.397	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to buy)	$76.54	09/02/2025		M(1)			7,351	(3)	08/20/2034	Common Stock	7,351	$0(4)	14,700	D

Explanation of Responses:

1. The exercises and sales were effected pursuant to a Rule 10b5-1 trading plan.

2. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.

3. Options are fully exercisable.

4. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.

Remarks:

	/s/Boyd Chapin, Attorney-in-Fact	09/04/2025
	** Signature of Reporting Person	Date
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).
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