SYY Insider Filing: Bertrand Receives RSUs and Long‑dated Options in 2025

Rhea-AI Filing Summary

Sysco insider transactions by EVP Greg D. Bertrand: On 08/21/2025 the company granted 13,235 restricted stock units (RSUs) under the 2018 Omnibus Incentive Plan that vest one-third on each of 08/21/2026, 08/21/2027 and 08/21/2028. On 08/22/2025, 2,016 shares were withheld upon RSU vesting to satisfy tax withholding. Also on 08/21/2025 the company granted 35,215 stock options with an exercise price of $80.98; one-third become exercisable on 08/21/2026, 08/21/2027 and 08/21/2028 and the options expire 08/20/2035. Reported beneficial ownership moved from 72,977.43 shares to 70,961.43 shares after the withholding.

Positive

• 13,235 RSUs granted under the 2018 Omnibus Incentive Plan with clear multi‑year vesting
• 35,215 stock options granted at $80.98 with staggered exercisability through 08/21/2028 and long 2035 expiration, supporting retention

Negative

• 2,016 shares withheld on 08/22/2025 to satisfy tax obligations, reducing reported beneficial ownership to 70,961.43 shares

Insights

Financial Analyst

TL;DR: Executive received time‑vested RSUs and long‑dated options, aligning pay with multi‑year performance without immediate cash outlay.

The grants—13,235 RSUs and 35,215 options at $80.98—are standard compensation tools to retain and incentivize the EVP. Vesting in three equal annual tranches from 08/21/2026 through 08/21/2028 delays realization and ties value to future share performance. The withholding of 2,016 shares for taxes marginally reduced reported holdings to 70,961.43 shares. These transactions are routine and do not, by themselves, signal a change in company fundamentals.

Corporate Governance Expert

TL;DR: Compensation committee awarded RSUs and options with standard multi‑year vesting to support retention and alignment.

The awards were granted by the Compensation and Leadership Development Committee under the 2018 Omnibus Incentive Plan and include clear vesting and exercise schedules. The structure—time‑based RSUs plus options expiring in 2035—follows common governance practices to balance retention and performance incentives. No accelerated vesting or unusual terms are disclosed. Transaction filings show proper disclosure and tax‑withholding treatment.

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^*

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)
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		13,235(1)	A	$0(2)	72,977.43	D
Common Stock	08/22/2025		F		2,016(3)	D	$80.98	70,961.43	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
Stock Options (Right to buy)	$80.98	08/21/2025		A		35,215		(4)	08/20/2035	Common Stock	35,215	$0(5)	35,215	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

What did Sysco EVP Greg D. Bertrand receive on 08/21/2025 (SYY)?

He was granted 13,235 RSUs and 35,215 stock options with an exercise price of $80.98.

When do the RSUs and options vest or become exercisable?

One‑third of the RSUs and one‑third of the options vest/become exercisable on 08/21/2026, 08/21/2027 and 08/21/2028. Options expire on 08/20/2035.

Why were 2,016 shares reported as disposed on 08/22/2025?

Those shares were withheld upon RSU vesting to pay tax withholding obligations, as disclosed in the filing.

How did these transactions affect Bertrand's beneficial ownership?

Reported beneficial ownership changed from 72,977.43 shares to 70,961.43 shares after the withholding.

Under what plan were the equity awards granted?

Awards were granted by the Compensation and Leadership Development Committee pursuant to the 2018 Omnibus Incentive Plan.