SYY insider filing: SVP Keller had 307 RSUs withheld for taxes at $80.65

Rhea-AI Filing Summary

Sysco Corporation (SYY) Form 4: Gregory Scott Keller, an SVP of Sysco, had 307 shares withheld to satisfy tax withholding upon the vesting of restricted stock units on 08/11/2025. The withholding price reported is $80.65 per share. After this withholding, Mr. Keller is shown as beneficially owning 17,287.693 shares in a direct ownership form. The Form 4 was signed by an attorney-in-fact and dated 08/12/2025.

Positive

• Reporting officer retains direct ownership of 17,287.693 shares after the RSU withholding
• Transaction is administrative (shares withheld for tax upon vesting), not an open-market sale

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine RSU tax-withholding; small share reduction with no sale to third parties.

The reported transaction is a non-derivative withholding of 307 common shares to cover tax obligations arising from RSU vesting on 08/11/2025. The reported withholding price is $80.65, and the reporting person retains 17,287.693 shares post-transaction. This is a standard administrative disposition rather than an open-market sale and therefore is typically immaterial to Sysco's capital structure or to investor control assumptions.

Corporate Governance Expert

TL;DR: Administrative tax-withholding event; governance implications minimal.

The Form 4 documents an officer-level RSU vesting where 307 shares were withheld to satisfy tax liabilities, as explicitly stated in the explanation. The filing identifies the reporting person as an SVP and shows direct beneficial ownership of 17,287.693 shares after the transaction. The signature by an attorney-in-fact on 08/12/2025 confirms timely reporting. This type of withholding is procedural and does not indicate a change in insider alignment with shareholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Keller Gregory Scott

Role SVP

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	307	$80.65	$25K

Holdings After Transaction: Common Stock — 17,287.693 shares (Direct)

Footnotes (1)

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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).

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^*

Keller Gregory Scott

(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)
	SVP

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

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	08/11/2025		F		307(1)	D	$80.65	17,287.693	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

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-Fact	08/12/2025
	** 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.

FAQ

What did Gregory Scott Keller report on the Form 4 for Sysco (SYY)?

He reported that 307 shares were withheld to satisfy tax withholding upon RSU vesting, leaving 17,287.693 shares beneficially owned.

When did the RSU withholding transaction occur for the SYY filing?

The transaction date is listed as 08/11/2025, with the Form 4 signed by an attorney-in-fact on 08/12/2025.

At what price were the withheld Sysco (SYY) shares reported?

The withholding price reported on the form is $80.65 per share.

Was this a sale of shares on the open market reported on the Form 4?

No; the form's explanation states the shares were withheld upon vesting of restricted stock units to pay tax withholding obligations, indicating an administrative withholding rather than an open-market sale.

Who signed the Form 4 for this SYY filing?

The form is signed by /s/ Boyd Chapin, Attorney-in-Fact and dated 08/12/2025.