[Form 4] Sysco Corporation Insider Trading Activity

Rhea-AI Filing Summary

Sysco Corporation (SYY) – Form 4 filing (1 Aug 2025)

Executive Vice President Greg D. Bertrand reported routine equity-compensation activity dated 31 Jul 2025. He received 8,879.048 common shares upon vesting of performance share units granted in Aug 2022 under the 2018 Omnibus Incentive Plan. Vesting was based on pre-established financial metrics covering fiscal 2023-2025. At an indicated market price of $80.11, the gross value of the vested shares equals roughly $712 k.

To cover tax obligations, 3,934 shares were withheld (transaction code “F”) at the same price, leaving a net addition of ~4,945 shares. Following these transactions, Bertrand’s direct ownership stands at 61,249.43 shares.

No open-market purchases, sales, or derivative transactions were reported, and there were no changes to grants or option positions. The filing reflects standard compensation vesting and is unlikely to be materially impactful for Sysco’s overall share dynamics.

Insights

Equity Compensation Analyst

TL;DR: Routine PSU vesting adds ~5k net shares to EVP holdings; no open-market signal, so immaterial to SYY valuation.

The Form 4 shows a standard vesting cycle rather than discretionary buying. While the $712 k gross value seems large, it originates from a two-year performance grant and is offset by tax withholding. The executive’s net stake rose 8.8%, but that equates to less than 0.01% of Sysco’s outstanding shares, offering little insight into management’s view of intrinsic value. No derivative activity suggests no leverage or hedging. Overall, investors can treat the disclosure as housekeeping rather than a directional indicator.

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
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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^*

Bertrand Greg D

(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)
	EVP

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2025

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	07/31/2025		A		8,879.048(1)	A	$80.11	65,183.43	D
Common Stock	07/31/2025		F		3,934(2)	D	$80.11	61,249.43	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. Shares received upon the vesting of performance share units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors (the "Committee") pursuant to the 2018 Omnibus Incentive Plan. These performance share units were granted by the Committee in August 2022. The number of shares of common stock received upon the vesting of these performance share units was determined based upon the Company's performance with regard to pre-established financial performance metrics for the performance period from fiscal 2023 to fiscal 2025.

2. These shares were withheld upon the vesting of performance share units to pay tax withholding obligations.

Remarks:

	/s/Boyd Chapin, Attorney-in-Fact	08/01/2025
	** 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

How many Sysco (SYY) shares did EVP Greg Bertrand acquire?

He acquired 8,879.048 shares through the vesting of performance share units.

What was the share price used in the Form 4 filing?

The filing lists a reference price of $80.11 per share for both acquisition and tax withholding.

How many shares were withheld for taxes?

Sysco withheld 3,934 shares to satisfy Bertrand’s tax obligations.

What is Bertrand’s total direct ownership after the transaction?

He now directly owns 61,249.43 SYY shares.

Does the Form 4 indicate open-market buying or selling?

No. The activity reflects automatic vesting and withholding only; there were no open-market trades.