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SYY Form 4: Thomas Peck Jr. Receives RSUs and Options; 860 Shares Withheld

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

Rhea-AI Filing Summary

Thomas R. Peck Jr., EVP and CTO of Sysco Corporation (SYY), reported equity awards and a tax-withholding share disposition. On 08/21/2025 he was granted 10,288 restricted stock units under the 2018 Omnibus Incentive Plan that vest one-third on 08/21/2026, 08/21/2027 and 08/21/2028. The same day he received 27,374 stock options with a $80.98 exercise price, exercisable one-third on those same vesting dates and expiring 08/20/2035. On 08/22/2025 860 shares were withheld to satisfy tax withholding upon RSU vesting. Following these transactions his reported beneficial ownership was 66,922.882 shares (direct).

Positive

  • 10,288 restricted stock units granted with one-third vesting on 08/21/2026, 08/21/2027 and 08/21/2028 under the 2018 Omnibus Incentive Plan.
  • 27,374 stock options granted at a $80.98 exercise price, exercisable one-third on 08/21/2026, 08/21/2027 and 08/21/2028 and expiring 08/20/2035, providing long-term incentive alignment.

Negative

  • None.

Insights

TL;DR Routine, time‑based equity awards were granted to a senior executive to align incentives and retain leadership.

The filings show standard equity compensation mechanics: restricted stock units with three-year staggered vesting and stock options with a 10‑year term and matching vesting schedule. These awards are consistent with retention and long‑term performance alignment. The tax‑withholding disposition is an administrative action tied to RSU vesting. No indicators of atypical governance actions or accelerated grants are present in the filing.

TL;DR Grants combine RSUs and options to balance retention and upside participation at a $80.98 strike price.

The 10,288 RSUs provide direct equity exposure at $0 purchase price with scheduled vesting one-third annually beginning 08/21/2026. The 27,374 options at a $80.98 strike give upside leverage if share price appreciates before 08/20/2035. Withholding of 860 shares to cover taxes is routine. Overall, the structure mirrors typical executive packages offering near‑term retention and long‑term incentive.

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*
Peck Thomas R Jr

(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 and CTO
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025
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 08/21/2025 A 10,288(1) A $0(2) 67,782.882 D
Common Stock 08/22/2025 F 860(3) D $80.98 66,922.882 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
Stock Options (Right to buy) $80.98 08/21/2025 A 27,374 (4) 08/20/2035 Common Stock 27,374 $0(5) 27,374 D
Explanation of Responses:
1. Restricted stock units granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
2. One-third of the restricted stock units shall vest in equal installments on 08/21/2026, 08/21/2027 and 08/21/2028, respectively.
3. These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.
4. One-third of the shares covered by the grant vest and are exercisable on 8/21/2026, 8/21/2027 and 8/21/2028, respectively. No options may be exercised prior to 8/21/2026. Options will expire on 8/20/2035.
5. Options granted by the Compensation and Leadership Development Committee of the Company's Board of Directors pursuant to the 2018 Omnibus Incentive Plan.
Remarks:
/s/Boyd Chapin, Attorney-in-Fact 08/25/2025
** 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

Who filed the Form 4 for Sysco (SYY)?

The filing reports transactions by Thomas R. Peck Jr., EVP and CTO of Sysco Corporation.

What equity awards were granted to Thomas R. Peck Jr.?

On 08/21/2025 he was granted 10,288 restricted stock units and 27,374 stock options with a $80.98 exercise price.

When do the RSUs and options vest and when do options expire?

One-third of each award vests on 08/21/2026, 08/21/2027, and 08/21/2028. Options expire on 08/20/2035 and cannot be exercised before 08/21/2026.

Why were 860 shares disposed of on 08/22/2025?

The filing states 860 shares were withheld upon RSU vesting to pay tax withholding obligations.

What was the reported beneficial ownership after these transactions?

After the transactions the filing reports 66,922.882 shares beneficially owned (direct) by the reporting person.
Sysco

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35.55B
477.78M
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Food Distribution
Wholesale-groceries & Related Products
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United States
HOUSTON