SYY Form 4: 861 Shares Withheld on RSU Vesting at $80.47
Rhea-AI Filing Summary
Sysco Corporation (SYY) Form 4 summary: Greg D. Bertrand, Executive Vice President, reported a transaction on 09/02/2025 where 861 shares of Sysco common stock were disposed under transaction code F at a reported price of $80.47 per share. The filing states these shares were withheld upon the vesting of restricted stock units to satisfy tax withholding obligations. After the withholding, Mr. Bertrand beneficially owned 70,100.43 shares. The Form 4 was signed by an attorney-in-fact, Boyd Chapin, on 09/04/2025.
Positive
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Negative
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Insights
TL;DR: Routine tax-withholding on vested RSUs; typical insider reporting, not indicative of new trading intent.
This filing documents a standard administrative disposition: 861 shares withheld when restricted stock units vested to cover taxes. The transaction code F corroborates a non-discretionary, tax-related transfer rather than an open-market sale. The post-transaction beneficial ownership of 70,100.43 shares remains substantial but unchanged in nature. As a governance matter, the timely Form 4 and attorney-in-fact signature meet Section 16 reporting requirements.
TL;DR: No material change to holdings or company fundamentals; this is a routine withholding at $80.47 per share.
The report shows a tax-withholding disposition of 861 shares at a price of $80.47. Such withholding reduces outstanding insider shares but is operationally neutral for valuation. There is no indication of discretionary selling or any derivative exercise beyond RSU vesting. The disclosure timing and signature by an attorney-in-fact are consistent with administrative processing of equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 861 | $80.47 | $69K |
Footnotes (1)
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