SYY Form 4: SVP Gutierrez 134 shares withheld for taxes at $80.65
Rhea-AI Filing Summary
Sysco Corporation (SYY) reports that Senior Vice President Victoria L. Gutierrez had 134 shares of Common Stock withheld upon the vesting of restricted stock units to satisfy tax withholding obligations on 08/11/2025 at a price of $80.65 per share.
After this withholding, Ms. Gutierrez is reported to beneficially own 10,306.815 shares directly. The filing indicates the transaction was reported under transaction code "S" and discloses no derivative transactions; the explanation explicitly states the shares were withheld to pay tax withholding obligations.
Positive
- None.
Negative
- None.
Insights
Routine RSU tax-withholding: 134 shares withheld at $80.65; appears immaterial to Sysco's equity base.
The Form 4 documents a common, non-dispositive action: restricted stock units vested and 134 shares were withheld to cover tax obligations. The reported remaining direct beneficial ownership of 10,306.815 shares provides transparency on insider holdings. There are no reported option exercises, sales to third parties, or derivative transactions in this filing. From a market-impact perspective, this transaction is small and administrative in nature and does not change control or materially affect outstanding shares.
Disclosure shows standard tax-withholding on RSU vesting; filing meets Section 16 reporting requirements and raises no governance concerns.
The explanatory note clarifies the nature of the transaction as withholding to satisfy tax liabilities tied to RSU vesting, which is a routine compensation settlement mechanism. The reporting indicates direct ownership and the officer role (SVP) for the reporting person, supporting investor transparency. No unusual patterns, related-party issues, or material departures from normal equity compensation practices are evidenced by the form's contents.