Paul Alison Kenney 4
Research Summary
AI-generated summary
SYSCO (SYY) Director Paul Kenney Receives 119-Share Award
What Happened
Paul Alison Kenney, a non-employee director of SYSCO Corporation (SYY), received an award of 119 shares on 2026-03-31. The reported acquisition price is $69.30 per share, for a total value of approximately $8,247. This transaction is coded "A" (award/grant) and reflects shares elected to be received in lieu of a portion of his annual cash retainer — a routine director compensation election rather than an open-market purchase.
Key Details
- Transaction date and price: 2026-03-31, 119 shares at $69.30 per share (total ≈ $8,247).
- Filing date: 2026-04-01 (Form 4 accession 0001903968-26-000002). No late filing indication in the provided data.
- Shares owned after transaction: Not reported in the supplied summary.
- Footnote: F1 — shares were elected to be received in lieu of a portion of non-employee director annual cash retainer under the Sysco Corporation 2018 Omnibus Incentive Plan.
- Transaction code: A = Award/Grant.
Context
Director elections to receive shares instead of cash are common compensation practices and do not necessarily signal a change in the director’s view of the stock. This was a non-cash award under the company’s omnibus incentive plan, not an open-market buy or sale.