Sysco Officer Withholds 329 Shares on RSU Vesting — Form 4
Rhea-AI Filing Summary
Sysco Corp (SYY) officer Gregory Scott Keller sold 329 shares on 09/02/2025 by withholding shares to satisfy tax withholding from vested restricted stock units. The reported disposition was coded as a Form 4 transaction (code F) at a price of $80.47 per share. After the withholding disposition, Mr. Keller beneficially owned 20,546.693 shares directly. The Form 4 was signed by an attorney-in-fact on 09/04/2025 and states the shares were withheld specifically to cover tax obligations upon vesting.
Positive
- Transparent disclosure of an officer RSU tax-withholding disposition consistent with SEC Section 16 requirements
- Post-transaction ownership is explicitly reported as 20,546.693 shares, maintaining clarity on insider holdings
Negative
- None.
Insights
TL;DR: Routine tax-withholding share disposition by an officer; immaterial to company fundamentals.
This Form 4 reports a customary disposition where 329 shares were withheld to satisfy tax withholding upon RSU vesting at $80.47 per share, leaving the officer with 20,546.693 shares. Such transactions are common compensation-related administrative actions and do not indicate a discretionary open-market sale or a change in ownership control. There is no evidence in the filing of trading for liquidity, hedging, or other strategic reasons.
TL;DR: Administrative withholding for taxes, standard disclosure; no governance concerns raised.
The Form 4 identifies Gregory Scott Keller as an officer (SVP) and discloses the tax-withholding disposition consistent with compensation practices. The filing includes the signature via attorney-in-fact and the mandatory explanation that shares were withheld to pay taxes. This is a routine compliance disclosure under Section 16 and does not reflect unexpected leadership changes or related-party transactions.