SYY Insider Filing: 590 Shares Withheld on RSU Vesting for Ronald Phillips

Rhea-AI Filing Summary

Ronald L. Phillips, listed as an EVP and CHRO and director-level reporting person, reported a routine insider transaction in Sysco Corporation (SYY) dated 08/11/2025. The filing discloses that 590 shares were withheld upon the vesting of restricted stock units to satisfy tax withholding obligations, with a per-share price shown as $80.65. After the withholding, the report shows 34,404.397 shares beneficially owned in a direct form.

This filing documents a compensation-related withholding event rather than an open-market sale or purchase. The disclosure records the mechanics of RSU vesting and tax payment and updates the reporting officer's direct share total accordingly.

Insights

Corporate Governance Expert

TL;DR: Routine tax withholding on vested RSUs; updates direct ownership but does not indicate a change in control or new market position.

The Form 4 shows a withholding of 590 shares upon RSU vesting to cover tax obligations, recorded at $80.65 per share, leaving 34,404.397 shares held directly. This is a standard administrative disclosure when equity-based compensation vests. From a governance perspective, the transaction documents compensation settlement mechanics and maintains transparency about insider holdings; it does not signal voluntary divestiture or acquisition by the reporting person.

Securities Analyst

TL;DR: Insider withholding of 590 shares at $80.65 is a compensation tax event, not a trading signal for SYY.

The entry identifies the transaction code consistent with tax-withholding upon RSU vesting and reports the post-transaction beneficial ownership as 34,404.397 shares (direct). For market analysis, this type of Form 4 is informative about compensation realization but, by itself, carries no explicit implication about the reporting person's view of the company's stock value because the shares were withheld to satisfy withholding obligations rather than sold on the open market.

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

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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^*

Phillips Ronald L

(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 CHRO

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		590(1)	D	$80.65	34,404.397	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 transaction did Ronald L. Phillips report on the SYY Form 4?

He reported that 590 shares were withheld upon the vesting of restricted stock units to satisfy tax withholding obligations; transaction date 08/11/2025.

How many SYY shares were withheld to cover taxes?

590 shares were withheld according to the Form 4 explanation.

At what price were the withheld SYY shares recorded?

The Form 4 shows a per-share amount of $80.65 associated with the withholding.

How many SYY shares does Ronald L. Phillips beneficially own after the transaction?

The filing reports 34,404.397 shares beneficially owned following the reported transaction, held in a direct ownership form.

Why were the shares withheld on the Form 4 for SYY?

The Form 4 explanation states: These shares were withheld upon the vesting of restricted stock units to pay tax withholding obligations.