Sysco EVP Jennifer Schott Withholds 665 Shares for Taxes

What Happened
Jennifer Kaplan Schott, Executive Vice President and Chief Legal Officer of Sysco Corp (SYY), had 665 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. The withholding was recorded on Aug 21, 2026 at an implied value of $83.06 per share, for a total of $55,235. This was a routine tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date and price: Aug 21, 2026; 665 shares withheld at $83.06 per share (total $55,235).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Shares were withheld upon RSU vesting to pay tax withholding obligations (tax-withholding disposition).
• Filing timing: Form 4 filed Aug 25, 2026 — within the standard reporting window for insider transactions.

Context
Withholding shares to cover taxes is a common administrative action when restricted stock units vest. Such transactions are routine and do not necessarily indicate the insider's view on the company's stock; they simply satisfy tax obligations arising from the award.