Schott Jennifer Kaplan 4

What Happened
Jennifer Kaplan Schott, EVP and Chief Legal Officer of Sysco Corporation (SYY), had 542 shares withheld on April 1, 2026 to cover tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $71.33 each, for a total of $38,661. This was a tax-withholding disposition (Form 4 code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-02 (filed the next day, timely under Form 4 rules).
• Withheld shares: 542 at $71.33 per share; total value $38,661.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld upon RSU vesting to satisfy tax withholding obligations.
• Transaction type/code: F (payment of exercise price or tax liability) — administrative tax withholding, not a market sale signal.

Context
Withholding shares to pay taxes when restricted stock units vest is a routine administrative action and generally does not indicate an insider's view on the company's stock. Unlike an open-market sale, these shares were retained by the company to meet withholding requirements rather than sold for cash proceeds to the insider.