STOCK TITAN

[Form 4] Sysco Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
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.

L'esecutivo di Sysco Corporation Ronald L. Phillips ha esercitato opzioni e venduto azioni il 09/02/2025 nell'ambito di un piano conforme alla Rule 10b5-1. Ha esercitato 7.351 opzioni con prezzo di esercizio di $76,54 e ha immediatamente venduto 7.351 azioni a $81,00, restando con 41.837,397 azioni dopo la vendita. Inoltre, 336 azioni sono state trattenute per tasse sulle restricted stock unit maturate, riducendo la sua partecipazione beneficiaria post-transazione a 41.501,397 azioni. Il modulo di segnalazione è una comunicazione di routine ai sensi della Sezione 16 che documenta l'esercizio di opzioni, una vendita correlata e la ritenuta fiscale; non fornisce dettagli operativi o di performance finanziaria.

El directivo de Sysco Corporation Ronald L. Phillips ejerció y vendió acciones el 09/02/2025 bajo un plan conforme a la Rule 10b5-1. Ejerció 7.351 opciones con un precio de ejercicio de $76,54 y vendió de inmediato 7.351 acciones a $81,00, quedando con 41.837,397 acciones tras la venta. Además, se retuvieron 336 acciones para cubrir impuestos sobre unidades de acciones restringidas convertidas, reduciendo su propiedad beneficiaria posterior a la transacción a 41.501,397 acciones. El formulario presentado es una divulgación rutinaria conforme a la Sección 16 que documenta el ejercicio de opciones, una venta afiliada y la retención fiscal; no ofrece detalles operativos ni sobre el rendimiento financiero.

Sysco Corporation의 임원 Ronald L. Phillips는 Rule 10b5-1 계획에 따라 09/02/2025에 주식을 행사하고 매도했습니다. 그는 행사가격 $76.54의 스톡옵션 7,351주를 행사하고 즉시 7,351주를 주당 $81.00에 매도하여 매도 후 41,837.397주를 보유하게 되었습니다. 또한, 부여된 제한주식단위(RSU)의 세금을 충당하기 위해 336주가 원천징수되어 거래 후 실소유 주식수는 41,501.397주로 줄었습니다. 제출된 보고서는 옵션 행사, 계열 매도 및 세금 원천징수를 문서화하는 섹션 16의 통상적 공개서류로서, 운영상 또는 재무 성과와 관련된 세부정보는 제공하지 않습니다.

Le dirigeant de Sysco Corporation, Ronald L. Phillips, a exercé et vendu des titres le 09/02/2025 dans le cadre d'un plan conforme à la Rule 10b5-1. Il a exercé 7 351 options au prix d'exercice de 76,54 $ et a immédiatement vendu 7 351 actions à 81,00 $, lui laissant 41 837,397 actions après la vente. De plus, 336 actions ont été retenues pour couvrir les impôts sur des unités d'actions restreintes vestées, réduisant sa participation bénéficiaire post-transaction à 41 501,397 actions. Le formulaire déposé est une divulgation de routine au titre de la Section 16 documentant l'exercice d'options, une vente affiliée et la retenue fiscale ; il ne fournit pas de détails opérationnels ou de performance financière.

Der Vorstand von Sysco Corporation, Ronald L. Phillips, hat am 09/02/2025 gemäß einem Rule-10b5-1-Plan Aktien ausgeübt und verkauft. Er übte 7.351 Aktienoptionen mit einem Ausübungspreis von $76,54 aus und verkaufte unmittelbar 7.351 Aktien zu $81,00, womit er nach dem Verkauf 41.837,397 Aktien hielt. Zudem wurden 336 Aktien zur Deckung von Steuern auf verfallene Restricted Stock Units einbehalten, wodurch sein wirtschaftlicher Besitz nach der Transaktion auf 41.501,397 Aktien sank. Das eingereichte Formular ist eine routinemäßige Section-16-Meldung, die Optionsausübung, einen verbundenen Verkauf und Steuerabzug dokumentiert; es enthält keine operativen oder finanzbezogenen Leistungsangaben.

Positive
  • None.
Negative
  • None.

Insights

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.

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.

L'esecutivo di Sysco Corporation Ronald L. Phillips ha esercitato opzioni e venduto azioni il 09/02/2025 nell'ambito di un piano conforme alla Rule 10b5-1. Ha esercitato 7.351 opzioni con prezzo di esercizio di $76,54 e ha immediatamente venduto 7.351 azioni a $81,00, restando con 41.837,397 azioni dopo la vendita. Inoltre, 336 azioni sono state trattenute per tasse sulle restricted stock unit maturate, riducendo la sua partecipazione beneficiaria post-transazione a 41.501,397 azioni. Il modulo di segnalazione è una comunicazione di routine ai sensi della Sezione 16 che documenta l'esercizio di opzioni, una vendita correlata e la ritenuta fiscale; non fornisce dettagli operativi o di performance finanziaria.

El directivo de Sysco Corporation Ronald L. Phillips ejerció y vendió acciones el 09/02/2025 bajo un plan conforme a la Rule 10b5-1. Ejerció 7.351 opciones con un precio de ejercicio de $76,54 y vendió de inmediato 7.351 acciones a $81,00, quedando con 41.837,397 acciones tras la venta. Además, se retuvieron 336 acciones para cubrir impuestos sobre unidades de acciones restringidas convertidas, reduciendo su propiedad beneficiaria posterior a la transacción a 41.501,397 acciones. El formulario presentado es una divulgación rutinaria conforme a la Sección 16 que documenta el ejercicio de opciones, una venta afiliada y la retención fiscal; no ofrece detalles operativos ni sobre el rendimiento financiero.

Sysco Corporation의 임원 Ronald L. Phillips는 Rule 10b5-1 계획에 따라 09/02/2025에 주식을 행사하고 매도했습니다. 그는 행사가격 $76.54의 스톡옵션 7,351주를 행사하고 즉시 7,351주를 주당 $81.00에 매도하여 매도 후 41,837.397주를 보유하게 되었습니다. 또한, 부여된 제한주식단위(RSU)의 세금을 충당하기 위해 336주가 원천징수되어 거래 후 실소유 주식수는 41,501.397주로 줄었습니다. 제출된 보고서는 옵션 행사, 계열 매도 및 세금 원천징수를 문서화하는 섹션 16의 통상적 공개서류로서, 운영상 또는 재무 성과와 관련된 세부정보는 제공하지 않습니다.

Le dirigeant de Sysco Corporation, Ronald L. Phillips, a exercé et vendu des titres le 09/02/2025 dans le cadre d'un plan conforme à la Rule 10b5-1. Il a exercé 7 351 options au prix d'exercice de 76,54 $ et a immédiatement vendu 7 351 actions à 81,00 $, lui laissant 41 837,397 actions après la vente. De plus, 336 actions ont été retenues pour couvrir les impôts sur des unités d'actions restreintes vestées, réduisant sa participation bénéficiaire post-transaction à 41 501,397 actions. Le formulaire déposé est une divulgation de routine au titre de la Section 16 documentant l'exercice d'options, une vente affiliée et la retenue fiscale ; il ne fournit pas de détails opérationnels ou de performance financière.

Der Vorstand von Sysco Corporation, Ronald L. Phillips, hat am 09/02/2025 gemäß einem Rule-10b5-1-Plan Aktien ausgeübt und verkauft. Er übte 7.351 Aktienoptionen mit einem Ausübungspreis von $76,54 aus und verkaufte unmittelbar 7.351 Aktien zu $81,00, womit er nach dem Verkauf 41.837,397 Aktien hielt. Zudem wurden 336 Aktien zur Deckung von Steuern auf verfallene Restricted Stock Units einbehalten, wodurch sein wirtschaftlicher Besitz nach der Transaktion auf 41.501,397 Aktien sank. Das eingereichte Formular ist eine routinemäßige Section-16-Meldung, die Optionsausübung, einen verbundenen Verkauf und Steuerabzug dokumentiert; es enthält keine operativen oder finanzbezogenen Leistungsangaben.

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).
** 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.
Sysco

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