GLASSCOCK LARRY C 4

What Happened Larry C. Glasscock, a non-employee director of Sysco Corporation (SYY), was granted/received 378 shares on March 31, 2026 at a reported price of $69.30 per share, a total value of approximately $26,195. This transaction is recorded as an award/acquisition (code A) — part of director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-31; Filing date (Form 4): 2026-04-01.
• Price per share: $69.30; Total value: $26,195.
• Shares received: 378 shares.
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnote: Represents shares elected in lieu of a portion of non-employee director cash retainer under Sysco’s 2018 Omnibus Incentive Plan, including 198 shares for the base retainer; receipt of these shares has been deferred under the 2009 Board of Directors Stock Deferral Plan.
• Timeliness: Filing appears timely (no late-filing indicator in the provided data).

Context This is routine director compensation (shares issued/awarded in lieu of cash retainer) and is generally considered administrative rather than a direct signal of insider buying or selling intent. Deferred shares mean the director elected to postpone receipt/distribution under the company’s deferral plan, so the shares may not be immediately tradable. Retail investors should view this as compensation-related activity, not necessarily an indicator of management’s market view.