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SYY Chair/CEO Kevin Hourican had 6,309 RSUs withheld to pay taxes at $80.65

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sysco Corporation (SYY) reported an insider withholding event for its Chair and CEO, Kevin Hourican. On 08/11/2025 restricted stock units vested and 6,309 shares were withheld to satisfy tax withholding obligations (transaction code F) at a price of $80.65 per share. The filing explicitly states the withholding was to cover taxes.

After the transaction Mr. Hourican's reported direct beneficial ownership of common stock is 426,861.053 shares. The Form 4 was filed by one reporting person and the filing is signed by an attorney-in-fact on 08/12/2025. No other purchases, sales, or derivative transactions are reported in this Form 4.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine RSU tax-withholding by CEO; transaction reduces reported shares but shows no cash sale or discretionary trade.

The Form 4 discloses that 6,309 shares were withheld upon RSU vesting on 08/11/2025 to satisfy tax obligations at $80.65 per share. This is recorded under transaction code F, which denotes a withholding to cover taxes rather than an open-market sale. The filing reports 426,861.053 shares held directly after withholding. From a trading interpretation, this is a routine internal settlement step and not an active disposition that signals a change in investment stance.

TL;DR: Filing reflects standard compensation tax withholding; disclosure appears timely and compliant with Section 16 reporting.

The report lists Kevin Hourican as both Chair and CEO and a director, and the Form 4 was filed by one reporting person with a signature by an attorney-in-fact on 08/12/2025. The explanatory remark explicitly states the withheld shares were used to pay tax withholding upon RSU vesting. There are no indications of additional transactions or arrangements in this filing, and the use of transaction code F is consistent with standard tax-related withholding practices for equity compensation.

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*
Hourican Kevin

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chair and CEO
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 6,309(1) D $80.65 426,861.053 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 Sysco (SYY) disclose in this Form 4?

The Form 4 discloses that Chair and CEO Kevin Hourican had 6,309 shares withheld upon RSU vesting to satisfy tax withholding obligations on 08/11/2025 at $80.65 per share.

How many shares does Kevin Hourican own after the transaction?

Following the withholding, the Form 4 reports Mr. Hourican's direct beneficial ownership as 426,861.053 shares of common stock.

What does transaction code F mean on the Form 4?

In this filing, transaction code F is used to denote shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.

When was the transaction and when was the Form 4 signed?

The transaction date is 08/11/2025, and the Form 4 bears a signature by an attorney-in-fact dated 08/12/2025.

Was this filing made by one reporting person or multiple filers?

The Form 4 indicates it was filed by one reporting person.
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