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Sysco Officer Withholds 329 Shares on RSU Vesting — Form 4

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
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.

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)
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 F 329(1) D $80.47 20,546.693 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 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.

FAQ

What transaction did Gregory Scott Keller report on Form 4 for SYY?

The Form 4 reports a disposition of 329 shares on 09/02/2025 via withholding to satisfy tax obligations upon RSU vesting.

At what price were the shares reported disposed of?

The reported price for the withheld shares is $80.47 per share.

How many SYY shares does the reporting person own after the transaction?

After the reported withholding, the reporting person beneficially owned 20,546.693 shares (direct ownership).

What is the reporting person's role at Sysco?

The Form 4 lists the reporting person as an Officer with the title SVP.

When was the Form 4 signed and by whom?

The filing was signed by Boyd Chapin, Attorney-in-Fact on 09/04/2025.
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